The LPG sector is facing demand uncertainty caused by the coronavirus, but owners should still bank "bumper profits" this year, according to Fearnley Securities analysts.
Espen Landmark Fjermestad and Peder Nicolai Jarlsby downgraded three major players on Wednesday as a result.
They said in a note: "The current commodity turmoil makes us see near-term downside risk."
Oil prices are down nearly $15 per barrel since the January peak, mainly driven by demand uncertainties in the wake of the coronavirus.
