NAT Similar Chart Price Prediction
The price of NAT is predicted to go up -1.93%, based on the high correlation periods with TEN. The similarity of these two price pattern on the periods is 97.85%.
NAT
TEN
Down: -1.93%Similarity: 97.85%
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NAT Analyst's Forecast
Omar Nokta
Jefferies
Hold
2024-11-29
Price Target
$3.5
Upside
+30.6%
After Nordic American Tankers reported Q3 earnings that missed the consensus analyst estimate, Jefferies analyst Omar Nokta said the Q3 earnings miss reflects a weaker spot tanker market. While spot rates have improved since their Q3 lows, Q4 is shaping up to be "softer as well," says the analyst, who keeps a Hold rating and $3.50 price target on Nordic American shares.
Omar Nokta
Jefferies
Hold
2024-11-14
Price Target
$4 → $3.5
Upside
+14.38%
