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Ardmore Shipping - ASC Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $20.00
  • Forecasted Upside: 62.67%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$12.30 As of 11/20/2024 01:00 AM ET
▼ -0.06 (-0.49%)

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

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Analyst Price Target for ASC

Analyst Price Target is $20.00
▲ +62.67% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Ardmore Shipping in the last 3 months. The average price target is $20.00, with a high forecast of $26.00 and a low forecast of $17.00. The average price target represents a 62.67% upside from the last price of $12.30.

This chart shows the closing price for ASC 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 4 investment analysts is to moderate buy stock in Ardmore Shipping. 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
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/14/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$20.00 ➝ $17.00
10/23/2024Stifel NicolausDowngradeBuy ➝ Hold$24.00 ➝ $17.00
9/27/2024Fearnley FondsUpgradeHold
7/31/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$21.00 ➝ $24.00
7/24/2024Stifel NicolausBoost TargetBuy ➝ Buy$22.00 ➝ $24.00
7/23/2024Evercore ISIBoost TargetOutperform ➝ Outperform$25.00 ➝ $26.00
5/8/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$20.00 ➝ $21.00
4/19/2024Stifel NicolausBoost TargetBuy ➝ Buy$21.00 ➝ $22.00
2/16/2024Stifel NicolausBoost TargetBuy ➝ Buy$20.00 ➝ $21.00
2/15/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$20.00
8/1/2023Jefferies Financial GroupReiterated RatingBuy ➝ Buy$16.00 ➝ $18.00
7/19/2023Stifel NicolausLower TargetBuy$24.00 ➝ $19.00
4/25/2023Stifel NicolausBoost Target$21.00 ➝ $24.00
2/15/2023Jefferies Financial GroupBoost TargetBuy$17.00 ➝ $20.00
11/29/2022Jefferies Financial GroupBoost TargetBuy$16.00 ➝ $17.00
11/2/2022Jefferies Financial GroupBoost TargetBuy$13.40 ➝ $16.00
10/14/2022Stifel NicolausBoost TargetBuy$9.00 ➝ $11.00
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$10.00
6/14/2022Clarkson CapitalReiterated RatingBuy
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$7.50
4/22/2022HC WainwrightBoost TargetBuy$5.50 ➝ $8.50
2/16/2022HC WainwrightReiterated RatingBuy$5.50
12/23/2021Fearnley FondsDowngradeHold$4.10
12/23/2021UBS GroupDowngradeBuy ➝ Hold
7/28/2021HC WainwrightReiterated RatingBuy$5.50
4/29/2021HC WainwrightUpgradeNeutral ➝ Buy$5.50
3/29/2021HC WainwrightInitiated CoverageNeutral$5.50
1/29/2021Jefferies Financial GroupLower TargetBuy$6.00 ➝ $5.50
10/26/2020Pareto SecuritiesDowngradeBuy ➝ Hold
10/23/2020Jefferies Financial GroupLower TargetBuy$7.50 ➝ $6.00
10/19/2020Stifel NicolausLower TargetBuy$7.00 ➝ $6.00
6/2/2020Fearnley FondsDowngradeHold ➝ Sell$4.40
5/5/2020Pareto SecuritiesDowngradeBuy ➝ Hold
1/22/2020Stifel NicolausUpgradeHold ➝ Buy$9.50
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.53 (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
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 9 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 6 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 10 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Ardmore Shipping logo
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.
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Today's Range

Now: $12.30
Low: $12.13
High: $12.63

50 Day Range

MA: $15.84
Low: $11.77
High: $18.60

52 Week Range

Now: $12.30
Low: $11.59
High: $23.44

Volume

1,070,545 shs

Average Volume

652,040 shs

Market Capitalization

$514.42 million

P/E Ratio

3.44

Dividend Yield

12.91%

Beta

0.37

Frequently Asked Questions

What sell-side analysts currently cover shares of Ardmore Shipping?

The following sell-side analysts have issued reports on Ardmore Shipping in the last twelve months: Evercore ISI, Fearnley Fonds, Jefferies Financial Group Inc., Stifel Nicolaus, and StockNews.com.
View the latest analyst ratings for ASC.

What is the current price target for Ardmore Shipping?

0 Wall Street analysts have set twelve-month price targets for Ardmore Shipping in the last year. Their average twelve-month price target is $20.00, suggesting a possible upside of 62.7%. Evercore ISI has the highest price target set, predicting ASC will reach $26.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $17.00 for Ardmore Shipping in the next year.
View the latest price targets for ASC.

What is the current consensus analyst rating for Ardmore Shipping?

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

What other companies compete with Ardmore Shipping?

Other companies that are similar to Ardmore Shipping include BW LPG, DHT, Costamare, Star Bulk Carriers and Navios Maritime Partners. Learn More about companies similar to Ardmore Shipping.

How do I contact Ardmore Shipping's investor relations team?

Ardmore Shipping's physical mailing address is Belvedere Building 69 Pitts Bay Road Ground Floor, Pembroke D0, HM08. The shipping company's listed phone number is (441) 405-7800 and its investor relations email address is [email protected]. The official website for Ardmore Shipping is ardmoreshipping.com. Learn More about contacing Ardmore Shipping investor relations.