Genco Shipping & Trading Limite – Consensus Indicates Potential 61.8% Upside – DirectorsTalk Interviews

Genco Shipping & Trading Limite with ticker code (GNK) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 4.9 with the average target price sitting at 9.74. Given that the stocks previous close was at 6.02 this now indicates there is a potential upside of 61.8%. The 50 day moving average now sits at 6.29 and the 200 day moving average is 6.8. The company has a market capitalisation of $255m. Visit the company website at: http://www.gencoshipping.com

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of

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