Diamond S Shipping (DSSI) Receives a Buy from H.C. Wainwright

By Jason Carr

H.C. Wainwright analyst Magnus Fyhr initiated coverage with a Buy rating on Diamond S Shipping (DSSIResearch Report) on March 29 and set a price target of $16.50. The company’s shares closed last Thursday at $10.07.

Fyhr has an average return of 7.1% when recommending Diamond S Shipping.

According to TipRanks.com, Fyhr is ranked #6524 out of 7490 analysts.

Currently, the analyst consensus on Diamond S Shipping is a Moderate Buy with an average price target of $14.25.

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The company has a one-year high of $14.36 and a one-year low of $5.31. Currently, Diamond S Shipping has an average volume of 367.2K.

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Diamond S Shipping, Inc. engages in the provision of seaborne transportation of crude oil, refined petroleum and other products in the international shipping markets. It includes gasoline, diesel, fuel oil and jet fuel, edible oils, and certain chemicals, such as ethanol under short-term voyage charters, and medium to long-term time and bareboat charters. The company was founded on November 14, 2018 and is headquartered in Greenwich, CT.