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Genco Shipping (GNK)
NYSE:GNK
Holding GNK?
Track your performance easily
See the Price Targets and Ratings of:
GNK Analyst Ratings
Moderate Buy
1 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
GNK Stock 12 Month Forecast
Average Price Target
$20.00
▲(18.69% Upside)
| Highest Price Target$22.00 | Average Price Target$20.00 | Lowest Price Target$18.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Stifel Nicolaus
Reiterated
11/08/24
Deutsche Bank
Initiated
09/04/24
Alliance Global Partners
$25→$27
Buy
60.24%
Upside
Reiterated
07/01/24
Genco Shipping price target raised to $27 from $25 at Alliance Global PartnersGenco Shipping price target raised to $27 from $25 at Alliance Global Partners
B.Riley Financial
$27→$30
Buy
78.04%
Upside
Reiterated
05/10/24
Genco Shipping price target raised to $30 from $27 at B. RileyGenco Shipping price target raised to $30 from $27 at B. Riley
DNB Markets
$22.5→$22.6
Hold
34.12%
Upside
Downgraded
05/06/24
Genco Shipping downgraded to Hold from Buy at DNB MarketsGenco Shipping downgraded to Hold from Buy at DNB Markets
BTIG
―
Hold
―
Reiterated
02/08/24
Analysts Offer Insights on Industrial Goods Companies: Genco Shipping (NYSE: GNK) and Mueller Water Products (NYSE: MWA)
Jefferies
$20→$22
Buy
30.56%
Upside
Reiterated
01/31/24
Genco Shipping price target raised to $22 from $20 at JefferiesGenco Shipping price target raised to $22 from $20 at Jefferies
Best Analysts Covering Genco Shipping
Which Analyst Should I Follow If I Want to Buy GNK and Sell After:
1 Month
xxx
Success Rate
8/18 ratings generated profit
Average Return
-0.03%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 44.44% of your transactions generating a profit, with an average return of -0.03% per trade.
3 Months
xxx
Success Rate
8/18 ratings generated profit
Average Return
-0.89%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 44.44% of your transactions generating a profit, with an average return of -0.89% per trade.
1 Year
Success Rate
11/18 ratings generated profit
Average Return
+52.97%
reiterated a buy rating 7 months ago
Copying Liam Burke's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +52.97% per trade.
2 Years
xxx
Success Rate
15/18 ratings generated profit
Average Return
+97.70%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 83.33% of your transactions generating a profit, with an average return of +97.70% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
GNK Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
4
4
3
2
1
Hold
1
1
0
1
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
5
3
3
3
Each month's total comprises the sum of three months' worth of ratings.
GNK Financial Forecast
GNK Stock Forecast FAQ
What is GNK’s average 12-month price target, according to analysts?
Based on analyst ratings, Genco Shipping’s 12-month average price target is $20.00.
What is GNK’s upside potential, based on the analysts’ average price target?
Genco Shipping has 18.69% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is GNK a Buy, Sell or Hold?
Genco Shipping has a consensus rating of Moderate Buy which is based on 1 buy ratings, 1 hold ratings and 0 sell ratings.
What is Genco Shipping’s price target?
The average price target for Genco Shipping is $20.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $22.00 ,the lowest forecast is $18.00. The average price target represents 18.69% Increase from the current price of $16.85.
The highest analyst price target is $22.00 ,the lowest forecast is $18.00. The average price target represents 18.69% Increase from the current price of $16.85.
What do analysts say about Genco Shipping?
Genco Shipping’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of GNK?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.