Significant positive changes in Euronav (NYSE: EURN) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Important positive changes in Euronav (NYSE: EURN) investment behavior have recently occurred: its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
EURN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Euronav has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Euronav has a neutral Appreciation Score of 51 and a slightly positive Power Rating of 63, producing the High Neutral Value Trend Rating.
Recent Price Action
On 6/3/24, Euronav (NYSE: EURN) stock rose modestly by 0.6%, closing at $17.01. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but has risen 6.3% during the last week.
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