B. Riley Securities Sticks to Its Buy Rating for International Seaways (INSW)
In a report released today, Liam Burke from B. Riley Securities maintained a Buy rating on International Seaways, with a price target of $90.00.
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Burke covers the Industrials sector, focusing on stocks such as Tutor Perini, Quanta Services, and Seanergy Maritime. According to TipRanks, Burke has an average return of 17.7% and a 53.73% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for International Seaways with a $74.67 average price target.
Based on International Seaways’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $127.5 million. In comparison, last year the company earned a revenue of $194.61 million and had a net profit of $35.82 million
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- International Seaways price target raised to $90 from $64 at B. Riley
- International Seaways Posts Strong Q4 Results, Boosts Dividend
- International Seaways reports Q4 adjusted EPS $2.45, consensus $2.08
- International Seaways price target raised to $70 from $60 at BTIG
- International Seaways Accelerates Fleet Renewal With Vessel Sales
