
Scorpio Tankers (STNG) Stock Forecast & Price Target
Scorpio Tankers (STNG) Analyst Ratings
Bulls say
Scorpio Tankers Inc, which operates a modern and eco-friendly fleet primarily focused on the transportation of clean petroleum products, is positioned favorably due to its exposure to rising product tanker rates expected as the sector approaches peak winter earnings. The anticipated increase in OPEC+ crude exports is likely to lead to heightened refinery runs, subsequently driving demand for product tankers, including those operated by Scorpio. With recent trends indicating a material strengthening of crude tanker rates and a projected rise in seaborne flows, Scorpio Tankers stands to benefit significantly from these market dynamics.
Bears say
Scorpio Tankers Inc. has experienced a modest share price increase of only 7% this year, which is viewed as unwarranted given its performance relative to peers and operating margins. The company's conservative approach to shareholder returns, focusing on long-term payoff, may not resonate positively with investors seeking immediate returns. Additionally, fluctuating oil volumes in the market pose a significant risk, as they could drastically impact charter rates, thereby influencing future revenue and earnings stability.
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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