Jefferies raised the firm’s price target on Global Ship Lease (GSL) to $39 from $33 and keeps a Buy rating on the shares. The firm notes the company reported a Q3 beat as its containership revenues beat expectations. Global Ship Lease has taken advantage of a strong charter market to cover several vessels through 2026 and into 2027, Jefferies says.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSL:
- Global Ship Lease reports Q3 normalized EPS $2.62, consensus $2.37
- Global Ship Lease board increases annualized dividend to $2.50 per share
- Global Ship Lease (GSL) Q3 Earnings Cheat Sheet
- Global Ship Lease Responds to China’s Special Port Charges
- Global Ship Lease issues statement on special port charges issued by China