What 6 Analyst Ratings Have To Say About Eagle Bulk Shipping
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published bullish opinions on Eagle Bulk Shipping (NYSE:EGLE) stock. The company has an average price target of $61.0, a decrease of 12.23% from the previous average price target of $69.50.
July 21, 2023 | 5:01 pm
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Analysts have given bullish ratings to Eagle Bulk Shipping (NYSE:EGLE) over the past 3 months. However, the average price target has decreased by 12.23% to $61.0.
The bullish ratings from analysts indicate a positive outlook for Eagle Bulk Shipping. However, the decrease in the average price target suggests that the expected future performance of the company might not be as strong as previously anticipated. This could potentially impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100