Clarksons Platou “buy Genco stocks”

Clarksons Platou Securities’ Analysts inspected  New York listed  and lately restructured Genco Shipping & Trading with a “buy” rating on the stock. According to analysts New York listed and lately restructured Genco Shipping & Trading $17 per share target price is well-placed to benefit from rising dry bulk carrier market. Shipping analysts marked that trade at a discount relative to Net Asset Value. Clarksons Platou Securities’ Analysts estimates that Net Income of Genco Shipping will rise to $74.2 million in 2019.