Entry level $6.35
Price target $7.00
Stop Loss $6.17
Average analysts price target $7.96
Average analysts recommendation BUY
Short interest 6.14%
DHT Holdings, Inc. is an independent crude oil tanker company. It fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax and Suezmax...
We can take a longer term position in DHT. It goes ex-dividend soon, has a very high paying dividend (14% dividend yield) plus a 25% free cash flow yield and manageable debt levels. I like how it has been outperforming the market recently, and how the monthly technical chart looks. Looks promising.
Enter longs at market with stop at 4.19, aim for 11.15, in the...