
Scorpio Tankers (STNG) Stock Forecast & Price Target
Scorpio Tankers (STNG) Analyst Ratings
Bulls say
Scorpio Tankers Inc. operates a modern fleet of eco-friendly vessels across various segments, with a significant focus on LR2 tankers, which generate the majority of the company’s revenue. The anticipated increase in OPEC+ crude exports is set to enhance refinery activity, subsequently driving up product tanker rates as the sector approaches its peak earnings period in winter. With a balanced EBIT margin and a strong positioning to benefit from rising seaborne crude flows, Scorpio Tankers is well-positioned to capitalize on favorable market dynamics.
Bears say
Scorpio Tankers Inc. has experienced a lagging share price increase of only 7% this year, which may be indicative of broader market concerns despite perceived strong operational performance, particularly in margin comparisons with peers. The company’s conservative approach to shareholder returns to prioritize long-term financial stability could be viewed negatively by investors seeking immediate capital gains. Additionally, fluctuations in oil volumes could significantly affect charter rates, introducing uncertainty into future revenue stability and ultimately impacting the company's financial outlook.
This aggregate rating is based on analysts' research of Scorpio Tankers and is not a guaranteed prediction by Public.com or investment advice.
Scorpio Tankers (STNG) Analyst Forecast & Price Prediction
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