FMP
Nov 03, 2025
Scorpio Tankers Inc. (NYSE:STNG) is a prominent player in the shipping industry, specializing in the transportation of refined petroleum products. The company operates a modern fleet of tankers, ensuring efficient and reliable delivery services. As of November 3, 2025, Jonathan Chappell from Evercore ISI set a price target of $80 for STNG, suggesting a potential price increase of about 30.36% from its trading price of $61.37.
Focus Partners Advisor Solutions LLC recently acquired a new stake in Scorpio Tankers, purchasing 5,808 shares valued at approximately $227,000. This acquisition, reported in their latest Form 13F filing with the SEC, indicates growing interest from institutional investors. The current price of STNG is $60.74, reflecting a slight decrease of 1.56% from its previous value.
Other institutional investors have also shown confidence in Scorpio Tankers. Vanguard Group Inc. increased its holdings by 6.7% in the first quarter, now owning 2,678,503 shares valued at over $100 million. Similarly, American Century Companies Inc. expanded its position by 4.3%, holding 1,625,131 shares worth $61 million. These moves highlight the positive sentiment among major investors.
Despite the recent decline of $0.97, STNG's stock price has shown resilience. The stock's price ranged from a low of $60.27 to a high of $61.43 during the day. Over the past year, STNG has reached a high of $63.05 and a low of $30.63, demonstrating significant volatility. The company's market capitalization is approximately $3.1 billion, reflecting its substantial presence in the industry.
Today's trading volume for STNG is 27,750 shares on the NYSE, indicating active investor interest. As highlighted by the recent price target set by Evercore ISI, there is potential for growth in Scorpio Tankers' stock value. The involvement of institutional investors further supports the positive outlook for the company.
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