BTIG Research Issues Positive Forecast for Scorpio Tankers (NYSE:STNG) Stock Price

Posted by George Bondi on Sep 18th, 2026

Scorpio Tankers (NYSE:STNG – Get Free Report) had its price target raised by research analysts at BTIG Research from $100.00 to $110.00 in a report issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the shipping company’s stock. BTIG Research’s price objective suggests a potential upside of 25.16% from the company’s previous close.

STNG has been the subject of a number of other research reports. Evercore restated an “outperform” rating and issued a $94.00 target price on shares of Scorpio Tankers in a research note on Wednesday, July 22nd. Morgan Stanley set a $86.00 price objective on Scorpio Tankers in a report on Tuesday, August 18th. Jefferies Financial Group restated a “buy” rating and set a $100.00 target price on shares of Scorpio Tankers in a report on Tuesday, August 4th. Zacks Research lowered shares of Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Finally, Wall Street Zen cut shares of Scorpio Tankers from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $91.57.

Read Our Latest Research Report on STNG

Scorpio Tankers Trading Up 2.6%

Shares of STNG opened at $87.88 on Friday. Scorpio Tankers has a 1-year low of $48.93 and a 1-year high of $90.06. The company has a current ratio of 6.93, a quick ratio of 6.89 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $79.24 and its 200-day moving average price is $77.51. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 5.49 and a beta of -0.22.

Scorpio Tankers (NYSE:STNG – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The shipping company reported $4.68 EPS for the quarter, topping the consensus estimate of $4.56 by $0.12. The business had revenue of $408.73 million during the quarter, compared to analyst estimates of $398.25 million. Scorpio Tankers had a net margin of 67.16% and a return on equity of 16.43%. Scorpio Tankers’s quarterly revenue was up 77.5% compared to the same quarter last year. During the same period last year, the business posted $1.41 earnings per share. Sell-side analysts anticipate that Scorpio Tankers will post 11.21 EPS for the current year.

Institutional Investors Weigh In On Scorpio Tankers

A number of institutional investors have recently modified their holdings of STNG. Assetmark Inc. bought a new stake in Scorpio Tankers during the 1st quarter valued at approximately $28,000. Root Financial Partners LLC boosted its stake in Scorpio Tankers by 193.9% in the 1st quarter. Root Financial Partners LLC now owns 526 shares of the shipping company’s stock worth $39,000 after purchasing an additional 347 shares during the period. Pinnacle Holdings LLC purchased a new stake in Scorpio Tankers during the 2nd quarter valued at approximately $48,000. Leonteq Securities AG purchased a new stake in Scorpio Tankers during the 4th quarter valued at approximately $75,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Scorpio Tankers during the second quarter valued at approximately $92,000. 54.64% of the stock is owned by hedge funds and other institutional investors.

Scorpio Tankers Company Profile

(Get Free Report)

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as certain petrochemical feedstocks, for energy companies, commodity traders and other commercial customers.

Scorpio Tankers’ fleet has included medium-range, long-range and handymax product tankers, which serve different trade routes and cargo requirements. Its vessels operate internationally, carrying refined petroleum products between major refining, storage and consumption centers across regions including the Americas, Europe, the Middle East and Asia.

The company was established in 2009 and is headquartered in Monaco.