Scorpio Tankers Inc.

  • TickerS0QA
  • ISINMHY7542C1066
  • ExchangeBerlin Stock Exchange
  • SectorIndustrial Transportation
  • CountryUnited States
Jørgen Lian

Scorpio Tankers (Hold, TP: USD13.80) -

Scorpio Tankers (STNG US, Hold) - (17 pages)

Jørgen Lian

Scorpio Tankers (Hold, TP: USD13.20) - Pros and cons equal, for a HOLD

The contango play is all but forgotten, and product tanker rates have consequently plunged as the markets tackle Covid-19’s effect on end-user product demand. However, positives can be found in the product tanker orderbook at historical lows of 6.6% and news that OPEC+ is expected to be easing its cuts from August. Following change of analyst, we reiterate our HOLD and have cut our target price to USD13.2 (21).

Nicolay Dyvik

Scorpio Tankers (Hold, TP: USD21.00) - Q2 cash balance set for USD200m boost

We reiterate our HOLD while have lowered our target price to USD21 (30). The QTD Q2 recovery in rates was welcomed as it could increase the company’s cash balance by USD200m, to USD320m on our forecast, offering the company more financial flexibility to handle a potential downturn.

Nicolay Dyvik

Shipping down to HOLD on virus

We are shipping analysts not virus experts, but we have been reading international press, WHO, the Lancet, JAMA and China CDC reports to assess the potential impact of on shipping. This is not a comprehensive study, but we are sharing what we have learned so far. In conclusion: we see short-term downside potential to shipping and have downgraded our entire shipping universe to HOLD.

Christoffer Wang Bjørnsen ...
  • Frank Maaø
  • Jørgen Lian
  • Ole-Andreas Krohn

Northern Lights

Christer Magnergård ...
  • Frank Maaø
  • Håkon Astrup
  • Joachim Gunell
  • Jon Masdal
  • Jørgen Lian
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolai Farstad Olsen
  • Nicolas McBeath
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Ragnhild Støer
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Frank Maaø ...
  • Joachim Gunell
  • Mats Bye
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole-Andreas Krohn

Northern Lights

Frank Maaø ...
  • Martin Arnell
  • Mattias Holmberg
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Viktor Trollsten

Northern Lights

Jon Masdal ...
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Thanks to a better fundamental star rating, SCORPIO TANKERS INCO. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to SCORPIO TANKERS INCO. (US), active in the Marine Transportation industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 4, 2019, the closing price was USD 2.00 and its expected value was estimated at USD 1.86.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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