ValuEngine Lowers DHT (DHT) to Hold

DHT (NYSE:DHT) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Thursday, December 6th.

A number of other equities research analysts have also recently weighed in on the company. DNB Markets cut DHT from a “buy” rating to a “hold” rating in a report on Friday, November 30th. Zacks Investment Research cut DHT from a “buy” rating to a “hold” rating and set a $5.50 target price for the company. in a research note on Tuesday, November 13th. Morgan Stanley lifted their target price on 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 lifted their target price on 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 DHT from a “d+” rating to a “c” rating in a research note on Thursday, November 1st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $6.08.

Shares of DHT stock traded up $0.06 during mid-day trading on Thursday, reaching $4.09. The stock had a trading volume of 975,327 shares, compared to its average volume of 987,641. The company has a current ratio of 1.78, a quick ratio of 1.47 and a debt-to-equity ratio of 1.01. DHT has a one year low of $3.27 and a one year high of $5.60. The company has a market capitalization ....

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