Despite its quarterly loss, two analysts are sticking with their highest ratings for Ardmore Shipping.
Evercore's Jonathan Chappell said the New York-listed product tanker owner has plenty of room to raise liquidity by refinancing ships, while Randy Giveans at Jefferies applauded the company's decision to charter in a 2009-built MR.
Chappell maintained an outperform rating with a target price of $6, while Giveans kept his buy rating with a $6.50
