Volatile tanker rates and increasing asset prices. ABGSC '24e EBITDA of USD 1,186m (+44% vs. consensus). TP of DKK 270 (274) – BUY, P/NAV 0.94x.


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Well-prepared for the coming high season
TORM PLC Class A (TRMD.A:CSE) | 0 0 0.0%
- Published:
17 Aug 2023 -
Author:
ABGSC Shipping & Transport Research | Petter Haugen | Oliver Dunvold -
Pages:
16 -
Volatile tanker rates and increasing asset prices. ABGSC '24e EBITDA of USD 1,186m (+44% vs. consensus). TP of DKK 270 (274) – BUY, P/NAV 0.94x.