Global Hunter Securities Analysts Begin Coverage on Star Bulk Carriers (SBLK)
Analysts at Global Hunter Securities started coverage on shares of Star Bulk Carriers (NASDAQ: SBLK) in a research report issued to clients and investors on Tuesday. The firm set an “accumulate” rating and a $1.00 price target on the stock.
Separately, analysts at Sidoti initiated coverage on shares of Star Bulk Carriers in a research note to investors on Monday, March 12nd. They set a “buy” rating on the stock.
Shares of Star Bulk Carriers traded up 0.67% during mid-day trading on Tuesday, hitting $0.75. Star Bulk Carriers has a 52 week low of $0.71 and a 52 week high of $2.19. The company’s market cap is $60.3 million.
Star Bulk Carriers Corp. (Star Bulk) is an international company providing worldwide transportation of dry bulk commodities through its vessel-owning subsidiaries for a range of customers of major and minor bulk cargoes including iron ore, coal, grain, cement and fertilizer.