Dorian LPG (Hold, TP: USD8.20) - Marginally below Q1e consensus
We reiterate our HOLD recommendation and USD8.2 target price. We are 2% below consensus on net profit ahead of the Q1 2019 results due at 13:00 CET on 9 August. BW LPG’s latest move was the proposal of three independent candidates for the board; hence we believe the saga is unlikely to end soon.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.