Euronav NV Stock Target Price and Analyst Consensus

EURN Stock  USD 16.63  0.18  1.09%   
The current analyst and expert consensus on Euronav NV is Buy with 7 hold recommendations. The current projected Euronav NV target price consensus is 20.51 with 8 analyst opinions. One of the most common ways Euronav NV analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Euronav NV vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Euronav NV. We strongly encourage you to use your own analysis of Euronav NV to validate this buy or sell advice. Euronav NV recommendation module provides expert sentiment on the projected Euronav NV target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Euronav NV to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.
Lowest Forecast
18.66
Highest Forecast
22.77
Target Price
20.51
At this time, Euronav NV's Gross Profit is very stable compared to the past year. As of the 29th of March 2024, Pretax Profit Margin is likely to grow to 0.74, while Gross Profit Margin is likely to drop 0.35. At this time, Euronav NV's Non Current Liabilities Total is very stable compared to the past year. As of the 29th of March 2024, Inventory is likely to grow to about 43.6 M, while Total Assets are likely to drop about 3.1 B.
  
It's important to approach Euronav NV's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Euronav NV Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Euronav target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Euronav NV's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   8  Buy
Most Euronav analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Euronav stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Euronav NV, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Euronav NV Target Price Projection

Euronav NV's current and average target prices are 16.63 and 20.51, respectively. The current price of Euronav NV is the price at which Euronav NV is currently trading. On the other hand, Euronav NV's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Euronav NV Market Quote on 29th of March 2024

Low Price16.46Odds
High Price16.69Odds

16.63

Target Price

Analyst Consensus On Euronav NV Target Price

Low Estimate18.66Odds
High Estimate22.77Odds

20.51

Historical Lowest Forecast  18.66 Target Price  20.51 Highest Forecast  22.77
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Euronav NV and the information provided on this page.

Euronav NV Analyst Ratings

Euronav NV's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Euronav NV stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Euronav NV's financials, market performance, and future outlook by experienced professionals. Euronav NV's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Euronav NV price targets

Euronav NV's stock target price is an estimate of its future price, usually made by analysts. Using Euronav NV's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Euronav NV's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Euronav NV's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Euronav NV Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Euronav NV is a key component of Euronav NV valuation and have some predictive power on the future returns of a Euronav NV.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Euronav NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.7716.6318.49
Details
Intrinsic
Valuation
LowRealHigh
16.6218.4820.34
Details
Naive
Forecast
LowNextHigh
14.9416.8118.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.400.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Euronav NV. Your research has to be compared to or analyzed against Euronav NV's peers to derive any actionable benefits. When done correctly, Euronav NV's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Euronav NV.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Euronav NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euronav NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euronav Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euronav Nv Stock:
Check out Macroaxis Advice on Euronav NV to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Euronav NV's price analysis, check to measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.
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The data published in Euronav NV's official financial statements usually reflect Euronav NV's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Euronav NV. For example, before you start analyzing numbers published by Euronav accountants, it's critical to develop an understanding of what Euronav NV's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Euronav NV's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Euronav NV's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Euronav NV's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Euronav NV. Please utilize our Beneish M Score to check the likelihood of Euronav NV's management manipulating its earnings.