Analysts have been revising their profit forecasts for DHT Holdings following a deal with BW Group that is widely expected to end Frontline’s pursuit of the company.
Evercore ISI, Jefferies, JP Morgan, Seaport Global and DNB Markets were among those to revisit their profit projections from the owner after the $538m cash and stock deal with BW.
As TradeWinds reported yesterday, BW Group has become the largest shareholder in DHT following the transaction, which Carsten Mortensen says will be followed by further growth.
