DNB downgrades BW LPG to Sell on shipping outlook
DNB Carnegie downgraded BW LPG (BWLP) to Sell from Hold with a price target of NOK 135, down from NOK 172. The firm says shipping is “no longer in short supply” while the risk of a prolonged conflict in the Middle East is increasing. Given DNB’s “meager” outlook on U.S. export growth, risks appear tilted to the downside for BW shares, the analyst tells investors in a research note.
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Read More on BWLP:
- BW LPG downgraded to Sell from Hold at DNB Carnegie
- BW LPG Executives Disclose Share Sales After Option Exercises
- BW LPG Issues Final LTIP Share Options and Settles Executive Exercises With Treasury Stock
- BW LPG Declares Q4 2025 Cash Dividend of US$0.57 per Share
- BW LPG (0QIX) Q4 Earnings Cheat Sheet
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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