Diana Shipping Now Covered by JPMorgan Chase (DSX)
Diana Shipping opened at 8.35 on Tuesday. Diana Shipping has a 1-year low of $5.89 and a 1-year high of $9.24. The stock’s 50-day moving average is currently $8.70. The company has a market cap of $675.8 million and a price-to-earnings ratio of 9.71.
A number of other analysts have also recently weighed in on DSX. Analysts at Knight Capital Group initiated coverage on shares of Diana Shipping in a research note to investors on Monday, February 25th. They set a “buy” rating and a $12.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Diana Shipping from $9.00 to $11.00 in a research note to investors on Wednesday, January 30th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Diana Shipping in a research note to investors on Wednesday, January 30th. They now have a $11.00 price target on the stock, up previously from $10.00.
Ten investment analysts have rated the stock with a buy rating, one has given an overweight rating, three have issued a hold rating, and three have issued a sell rating to the stock. The company currently has a consensus rating of “overweight” and an average target price of $10.04.
Diana Shipping Inc. is a holding company. The Company is a global provider of shipping transportation services.
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