Diana Shipping inc. – Consensus Indicates Potential 6.6% Upside

Broker Ratings
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Diana Shipping inc. with ticker code (DSX) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 4.8 and 4 with a mean TP of 4.35. Given that the stocks previous close was at 4.08 this now indicates there is a potential upside of 6.6%. The day 50 moving average is 4.09 and the 200 moving average now moves to 4.53. The market capitalisation for the company is $423m. You can visit the company’s website by visiting: https://www.dianashippinginc.com

The potential market cap would be $451m based on the market concensus.

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of February 14, 2023, it operated a fleet of 41 dry bulk vessels, including 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 7 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

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