
Scorpio Tankers (STNG) Stock Forecast & Price Target
Scorpio Tankers (STNG) Analyst Ratings
Bulls say
Scorpio Tankers Inc. operates a modern and eco-friendly fleet, primarily generating revenue from its LR2 segment, which positions the company favorably in the marine transportation market for petroleum products. The anticipated increase in OPEC+ crude exports is expected to lead to higher refinery runs, which may enhance demand for seaborne transportation services. Additionally, despite product tanker stocks achieving similar EBIT margins, they have underperformed compared to crude tankers, suggesting a potential for value correction in Scorpio Tankers' stock as market conditions evolve.
Bears say
Scorpio Tankers Inc. has experienced a lackluster share price performance, with gains of only 7% this year, raising concerns about the adequacy of its operating performance relative to peers. The company has adopted a conservative approach to shareholder returns, focusing on long-term debt repayment rather than immediate shareholder value creation, which might weigh down investor confidence. Additionally, while the anticipated run-rate quarterly earnings per share (EPS) could suggest an upward trend, the market's reaction to these fundamentals remains muted, indicating potential skepticism regarding sustainable growth prospects.
This aggregate rating is based on analysts' research of Scorpio Tankers and is not a guaranteed prediction by Public.com or investment advice.
Scorpio Tankers (STNG) Analyst Forecast & Price Prediction
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