The stock of Ship Finance International Limited (NYSE:SFL) is a huge mover today! About 637,661 shares traded hands. Ship Finance International Limited (NYSE:SFL) has risen 8.14% since March 1, 2016 and is uptrending. It has underperformed by 1.10% the S&P500.
The move comes after 9 months positive chart setup for the $1.38B company. It was reported on Oct, 4 by Barchart.com. We have $18.55 PT which if reached, will make NYSE:SFL worth $345.00 million more.
Ship Finance International Limited (NYSE:SFL) Ratings Coverage
Out of 2 analysts covering Ship Finance International Ltd (NYSE:SFL), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Ship Finance International Ltd has been the topic of 4 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Jefferies on Wednesday, July 27. The rating was initiated by Seaport Global with “Neutral” on Monday, August 22.
According to Zacks Investment Research, “Ship Finance is a major shipowning company. Including newbuildings, Ship Finance owns a fleet consisting of vessels, including crude oil tankers (VLCC and Suezmax), oil/bulk/ore vessels, container vessels, dry bulk carriers, jack-up drilling rigs and seismic vessels. The fleet is one of the largest in the world and most of the vessels are employed on medium- or long-term charters.”
More recent Ship Finance International Limited (NYSE:SFL) news were published by: Globenewswire.com which released: “Ship Finance International Limited (NYSE: SFL) – Earnings Release” on August 31, 2016. Also Seekingalpha.com published the news titled: “Why Ship Finance International Limited Is So Cheap” on April 20, 2016. Seekingalpha.com‘s news article titled: “Ship Finance International’s (SFL) CEO Ole Hjertaker on Q2 2016 Results …” with publication date: August 31, 2016 was also an interesting one.
SFL Company Profile
Ship Finance International Limited, incorporated on October 10, 2003, is a holding, and international ship owning and chartering company. The Firm is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Company’s assets consist of approximately 20 oil tankers, over 20 dry bulk carriers, approximately 20 container vessels, including a newbuilding, two car carriers, two jack-up drilling rigs, two ultra-deepwater drilling units, five offshore supply vessels, two chemical tankers and two newbuilding oil product tankers. The Company’s oil tankers, chemical tankers and oil product tankers are all double-hull vessels. The Firm has over nine asset types, including crude oil tankers, oil product tankers, chemical tankers, container vessels, car carriers, dry bulk carriers, jack-up drilling rigs, ultra-deepwater drilling units and offshore supply vessels.
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