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TORM - TRMD Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $40.00
  • Forecasted Upside: 121.24%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$18.08 As of 12/20/2024 06:51 PM ET
▲ +0.11 (0.61%)

This chart shows the closing price for TRMD by one month, three months, or twelve months.

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Analyst Price Target for TRMD

Analyst Price Target is $40.00
▲ +121.24% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for TORM in the last 3 months. The average price target is $40.00, with a high forecast of $48.00 and a low forecast of $32.00. The average price target represents a 121.24% upside from the last price of $18.08.

This chart shows the closing price for TRMD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 polled investment analysts is to moderate buy stock in TORM. This rating has held steady since September 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/14/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$37.00 ➝ $32.00
9/27/2024Fearnley FondsUpgradeHold
7/23/2024Evercore ISIBoost TargetOutperform ➝ Outperform$45.00 ➝ $48.00
5/3/2023DanskeUpgradeHold ➝ Buy
3/10/2023DanskeDowngradeBuy ➝ Hold
8/22/2022Evercore ISIBoost Target$25.00
5/25/2022Pareto SecuritiesInitiated CoverageBuy
5/12/2022HC WainwrightBoost Target$14.00 ➝ $16.00
4/12/2022HC WainwrightInitiated CoverageBuy$14.00
7/9/2020Kepler Capital MarketsInitiated CoverageBuy
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.67 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 7 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 3 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 7 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 7 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 9 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 9 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

TORM logo
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Exhaust segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom.
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Today's Range

Now: $18.08
Low: $17.77
High: $18.30

50 Day Range

MA: $23.48
Low: $17.97
High: $31.29

52 Week Range

Now: $18.08
Low: $17.77
High: $40.47

Volume

1,082,759 shs

Average Volume

829,114 shs

Market Capitalization

$1.47 billion

P/E Ratio

2.34

Dividend Yield

19.00%

Beta

0.21

Frequently Asked Questions

What sell-side analysts currently cover shares of TORM?

The following equities research analysts have issued research reports on TORM in the last year: Evercore ISI, Fearnley Fonds, and Jefferies Financial Group Inc..
View the latest analyst ratings for TRMD.

What is the current price target for TORM?

0 Wall Street analysts have set twelve-month price targets for TORM in the last year. Their average twelve-month price target is $40.00, suggesting a possible upside of 121.2%. Evercore ISI has the highest price target set, predicting TRMD will reach $48.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $32.00 for TORM in the next year.
View the latest price targets for TRMD.

What is the current consensus analyst rating for TORM?

TORM currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TRMD.

What other companies compete with TORM?

Other companies that are similar to TORM include Air T, Blade Air Mobility, Brookfield Real Assets Income Fund, Corporación América Airports and Imperial Petroleum. Learn More about companies similar to TORM.

How do I contact TORM's investor relations team?

TORM's physical mailing address is BIRCHIN COURT 20 BIRCHIN LANE, LONDON X0, EC3V 9DU. The company's listed phone number is 442037952794 and its investor relations email address is [email protected]. The official website for TORM is www.torm.com. Learn More about contacing TORM investor relations.