ValuEngine Downgrades DHT (DHT) to Hold

ValuEngine cut shares of DHT (NYSE:DHT) from a buy rating to a hold rating in a research note published on Monday, December 31st.

Other equities analysts have also issued reports about the stock. Pareto Securities upgraded shares of DHT from a hold rating to a buy rating in a research report on Thursday, October 25th. Zacks Investment Research upgraded shares of DHT from a hold rating to a buy rating and set a $6.00 target price for the company in a research report on Wednesday, November 7th. Morgan Stanley upped their price target on shares of DHT from $5.50 to $6.00 and gave the company a buy rating in a research note on Monday, November 5th. Wells Fargo & Co upped their price target on shares of DHT from $6.00 to $7.00 and gave the company a buy rating in a research note on Monday, November 5th. Finally, TheStreet raised shares of DHT from a d+ rating to a c rating in a research note on Thursday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $6.08.

NYSE DHT traded down $0.10 during trading hours on Monday, hitting $4.13. 1,204,650 shares of the company’s stock traded hands, compared to its average volume of 667,400. The company has a current ratio of 1.78, a quick ratio of 1.47 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $620.23 million, a price-to-earnings ratio....

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