Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2017

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Go back to Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2017

Scorpio Tankers (STNG) PT Lowered to $5 at Jefferies

November 17, 2017 7:30 AM EST

Jefferies lowered its price target on Scorpio Tankers (NYSE: STNG) to $5.00 (from $5.50) while maintaining a Buy rating.

Despite Q3 that was below expectations, they believe STNG shares are attractively valued trading at ~90% of est. NAV.

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