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BTIG Sticks to Their Hold Rating for Euronav (EURN)
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BTIG Sticks to Their Hold Rating for Euronav (EURN)

BTIG analyst Gregory Lewis maintained a Hold rating on Euronav (EURNResearch Report) on December 28. The company’s shares closed last Friday at $17.59.

Lewis covers the Energy sector, focusing on stocks such as Frontline, International Seaways, and TechnipFMC. According to TipRanks, Lewis has an average return of -1.2% and a 47.42% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Euronav with a $19.71 average price target.

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EURN market cap is currently $3.56B and has a P/E ratio of 5.17.

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Euronav (EURN) Company Description:

Euronav NV engages in the transportation and storage of crude oil. It operates through the Tankers and FpSO (Floating Production, Storage, and Offloading Operation) segments. The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship, and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.

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