See How Scorpio Tankers Ranks Among Analysts’ Top Picks With Strong Buyback Activity
A study of analyst recommendations at the major brokerages shows that Scorpio Tankers Inc (Symbol: STNG) is the #38 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
STNG operates in the Air Services Other sector, among companies like FTAI Aviation Ltd (FTAI) which is down about 9.6% today, and C.H. Robinson Worldwide, Inc. (CHRW) trading lower by about 0.5%. Below is a three month price history chart comparing the stock performance of STNG, versus FTAI and CHRW.
STNG is currently trading down about 2.8% midday Friday.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
