Dallas, Texas 03/21/2014 (FINANCIALSTRENDS) – DHT Holdings Inc (NYSE:DHT) has been receiving excellent reviews and positive positions by analysts across the board.
In the second week of March, UBS has begun its coverage of this security services provider in the logistics industry. The analysts has moved DHT Holdings Inc (NYSE:DHT) to the Buy rating, with a price target of $10. This has been due to the uptick the company has seen in the spot rates. Additionally, the upside the company has seen due to the positive crude trends too has led to the upgrade in the rating.
DHT Holdings Inc (NYSE:DHT) has moved forward, from weeks of poor performance.
Other analysts also view the company as Hold currently as there are a few visible weaknesses.
But the best reason the company is expected to notch up some good points on the stock market is the positive commentary it has received from leading analysts. These analysts are touting the security services provider for shipping and transport industry as the all new rage which could well bring about a turnaround in terms of services and prices. It has already seen much earnings estimate reworks in the past few months. Therefore, as analysts begin the positive move forward for the company, it will remain a question of time before it achieves high prices.
If DHT were to make the perfect moves forward on both of these fronts, then analysts expect the entire segment of the industry too see a great move forward.
DHT Holdings Inc (NYSE:DHT) has in its previous trading session opened on the stock market at $9.05. Historically, the company has been trading at 52 week high of $8.57 and 52 week low of $3.99. The company has a trading volume of 484,276 shares and has posted dividend of 0.02, the yield for the company is 0.99. The EPS for the company is currently at -1.25.