Its analysts placed a $23 per share target price on the shipowner, which listed on the New York Stock Exchange at $14 per share in June.
DNB Markets, a joint book running manager of the Gener8 float, expects the shipowner to record a profit of $171.3m in 2015, it said in an introductory report.
For the second quarter analysts Nicolay Dyvik, Oyvind Berle and Petter Haugen project a profit of $34.7m