Stifel Nicolaus analyst Benjamin Nolan reiterated a Buy rating on Ardmore Shipping (ASC – Research Report) on April 25 and set a price target of $6.50. The company's shares closed last Thursday at $6.25, close to its 52-week high of $6.44. According to TipRanks.com, Nolan is a 5-star analyst with an average return of 17.4% and a 62.3% success rate. Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Cheniere Energy Partners, and International Seaways. Currently, the analyst consensus on Ardmore Shipping is a Strong Buy with an average price target of $7.50, representing a 17.4% upside.
https://www.tipranks.com/news/blurbs/stifel-nicolaus-believes-ardmore-shipping-asc-wont-stop-here?utm_source=advfn.com&utm_medium=referral
Ardmore Shipping (NYSE:ASC)
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