Analyst Magnus Fyhr initiated coverage of the crude tanker owner today with a buy rating and a $20 per share target price.
This compares with the $14 per share figure at its listing and the last close of $13.77 per share.
Gener8, formed from the merger of Navig8 Crude and General Maritime, went to Wall Street with 23 tankers, including seven VLCCs, on the water.
It
