Fearnley Fonds Stock Recommendations and Price Targets

This is a list of recent ratings by Fearnley Fonds.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
11/21/2024	SFL SFL	Upgrade	$10.00		Hold ➝ Strong-Buy	N/A
11/21/2024	ZIM ZIM Integrated Shipping Services	Downgrade	$18.00		Hold ➝ Strong Sell	N/A
11/13/2024	GLNG Golar LNG	Downgrade	$41.00		Strong-Buy ➝ Hold	N/A
11/7/2024	VWDRY Vestas Wind Systems A/S	Upgrade	$4.00		Hold ➝ Strong-Buy	N/A
11/6/2024	ERII Energy Recovery	Downgrade	$15.00		Strong-Buy ➝ Hold	N/A
10/10/2024	CCEC Capital Clean Energy Carriers	Upgrade	$18.00		Strong-Buy	High
9/27/2024	TNK Teekay Tankers	Upgrade	$38.00		Strong-Buy	Low
9/27/2024	FRO Frontline	Upgrade	$13.00		Strong-Buy	High
9/27/2024	DHT DHT	Upgrade	$9.00		Strong-Buy	Low
9/27/2024	ASC Ardmore Shipping	Upgrade	$11.00		Hold	Low
9/27/2024	TRMD TORM	Upgrade	$18.00		Hold	High
9/27/2024	INSW International Seaways	Upgrade	$33.00		Strong-Buy	High
9/27/2024	STNG Scorpio Tankers	Upgrade	$47.00		Hold	Low
12/8/2022	SALRF SalMar ASA	Upgrade	$51.00		Hold ➝ Buy	Low
12/8/2022	GRGSF Grieg Seafood ASA	Upgrade	5.00	81.00	Hold ➝ Buy	Low
11/14/2022	GRGSF Grieg Seafood ASA	Downgrade	5.00	76.00	Buy ➝ Hold	Low
11/7/2022	ERII Energy Recovery	Downgrade	$15.00		Buy ➝ Hold	Low
10/18/2022	AASZF Atlantic Sapphire ASA	Downgrade	$0.00	$40.00	Buy ➝ Sell	N/A
9/22/2022	CADLF Cadeler A/S	Initiated Coverage	$6.00		Buy	Low
8/8/2022	VWDRY Vestas Wind Systems A/S	Downgrade	4.00	155.00	Buy ➝ Sell	Low
2/23/2022	BKFKF P/F Bakkafrost	Upgrade	58.00	700.00	Hold ➝ Buy	Low
12/23/2021	ASC Ardmore Shipping	Downgrade	$11.00	$4.10	Hold	Low