Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For Dorian LPG Ltd. (NYSE:LPG)


Recently stock market analysts have updated their consensus ratings on shares of Dorian LPG Ltd. (NYSE:LPG).

Most recent broker ratings

10/04/2016 – Dorian LPG Ltd. had its “neutral” rating reiterated by analysts at UBS. They now have a USD 6.5 price target on the stock.

01/26/2016 – Dorian LPG Ltd. was downgraded to “market perform” by analysts at Wells Fargo.

12/18/2015 – JP Morgan began new coverage on Dorian LPG Ltd. giving the company a “overweight” rating. They now have a USD 18 price target on the stock.

01/08/2015 – Dorian LPG Ltd. had its “buy” rating reiterated by analysts at Clarkson Capital. They now have a USD 19 price target on the stock.

10/02/2014 – Canaccord Genuity began new coverage on Dorian LPG Ltd. giving the company a “buy” rating. They now have a USD 24 price target on the stock.

09/25/2014 – Eurobank EFG began new coverage on Dorian LPG Ltd. giving the company a “buy” rating. They now have a USD 25 price target on the stock.

09/25/2014 – Euro Pacific Capital began new coverage on Dorian LPG Ltd. giving the company a “buy” rating. They now have a USD 25 price target on the stock.

Dorian LPG Ltd. has a 50 day moving average of 5.90 and a 200 day moving average of 7.48. The stock’s market capitalization is 333.63M, it has a 52-week low of 5.07 and a 52-week high of 13.80.

The share price of the company (NYSE:LPG) was up +3.17% during the last trading session, with a high of 6.28 and the volume of Dorian LPG Ltd. shares traded was 207093.

Dorian LPG Ltd. is a holding company. The Company, through its subsidiaries, is focused on owning and operating very large gas carrier (VLGCs) in the liquefied petroleum gas (LPG) shipping industry. The Company is engaged in the transportation of LPG across the world through its ownership and operation of LPG tankers. As of March 31, 2016, the Company owned and operated a fleet of 22 VLGCs, including 19 84,000 cubic meter (cbm) ECO-design VLGCs (ECO VLGCs) and three 82,000 cbm VLGCs. The VLGCs in its fleet had an aggregate carrying capacity of approximately 1.8 million cbm at May 26, 2016. It provides in-house commercial and technical management services for all of its vessels. As of May 26, 2016, its VLGCs included Captain Nicholas ML; Captain John NP; Comet; Corsair; Corvette; Cougar; Concorde; Cobra; Continental; Commodore; Constellation; Cheyenne; Cratis; Chaparral; Commander, and Challenger. The Company’s customers include global energy companies, commodity traders and importers.