Consensus Indicates Potential 4.8% Upside

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Credit: Leo/Unpslash

Diana Shipping inc. found using ticker (DSX) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 4.8 and 4 with the average target price sitting at 4.35. With the stocks previous close at 4.15 this now indicates there is a potential upside of 4.8%. The day 50 moving average is 3.84 and the 200 moving average now moves to 4.59. The market capitalisation for the company is $363m. Company Website: https://www.dianashippinginc.com

The potential market cap would be $380m based on the market concensus.

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of February 14, 2023, it operated a fleet of 41 dry bulk vessels, including 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 7 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

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Source: Directorstalk