Analysts Nicolay Dyvik, Oyvind Berle and Petter Haugen lifted their target price from $11 to $12 per share in a pre-results update today.
With rates running hot and the company’s fleet increasing, the DNB team has hikes its 2015 net profit forecast for Scorpio by 98%.
In a report issued today the analysts projected Scorpio to post earnings per share of $1.26
