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Asset logo for symbol STNG
Scorpio Tankers
STNG77
$72.96arrow_drop_down1.81%-$1.35
High Quality
Asset logo for symbol STNG
STNG77

$72.96

arrow_drop_down1.81%

AI Deep-Learning Forecast (STNG)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Scorpio Tankers (STNG) Stocklytics Forecast

Scorpio Tankers Inc (STNG) is a leading provider of marine transportation of petroleum products worldwide. As a company, STNG has a significant presence in the global shipping industry, and its stock price is closely followed by investors and analysts alike. When it comes to predicting the future price of STNG stock, there are several factors that come into play. One of the key aspects is the overall performance of the tanker market and the demand for oil and petroleum products. As the global economy continues to recover, the demand for oil is expected to increase, which could potentially benefit STNG and drive its stock price higher.
Another important factor to consider when predicting the future price of STNG is the company's financial performance and outlook. STNG has a strong track record of financial stability and has consistently delivered solid earnings and revenue growth. The company's management team has a proven ability to adapt to market conditions and make strategic decisions that benefit the company and its shareholders. Additionally, STNG has a well-diversified fleet of vessels, which allows the company to take advantage of different market segments and mitigate risks.
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Frequently Asked Questions

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What is the analyst price prediction for Scorpio Tankers (STNG) stock?

Analysts have set a target price of $64.66 for Scorpio Tankers (STNG), based on forecasts from 29 analysts. The predicted price range extends from a high of $91 to a low of $34. This represents a potential increase of up to 24.73% and a decrease of -53.4% from the current price of $72.96. These forecasts are as of 2022 Jun 02.
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What are the analyst ratings for Scorpio Tankers (STNG) stock?

The analyst ratings for Scorpio Tankers (STNG) are distributed as follows: 14 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 15 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Scorpio Tankers .
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What is the AI price prediction for Scorpio Tankers (STNG) stock?

At present, there is no AI or machine-learning-based price prediction available for Scorpio Tankers (STNG) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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