Are Analysts Bullish Scorpio Bulkers Inc. (NYSE:SALT) After Last Week?

Among 4 analysts covering Scorpio Bulkers (NYSE:SALT), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Scorpio Bulkers has $9.5000 highest and $7 lowest target. $8.63’s average target is 27.29% above currents $6.78 stock price. Scorpio Bulkers had 6 analyst reports since October 11, 2019 according to SRatingsIntel. The stock of Scorpio Bulkers Inc. (NYSE:SALT) has “Hold” rating given on Monday, October 14 by Cleaves Securities. FBR Capital maintained Scorpio Bulkers Inc. (NYSE:SALT) on Thursday, October 24 with “Buy” rating. The company was maintained on Thursday, October 24 by B. Riley & Co. Cleaves Securities downgraded the shares of SALT in report on Thursday, October 24 to “Sell” rating. Below is a list of Scorpio Bulkers Inc. (NYSE:SALT) latest ratings and price target changes.

24/10/2019 Broker: FBR Capital Rating: Buy New Target: $9.5 Maintain24/10/2019 Broker: Cleaves Securities Rating: Sell New Target: $7 Downgrade24/10/2019 Broker: B. Riley & Co Rating: Buy Old Target: $8 New Target: $9.5000 Maintain16/10/2019 Broker: Noble Financial Rating: Buy New Target: $8.5 14/10/2019 Broker: Cleaves Securities Rating: Hold New Target: $7 Downgrade11/10/2019 Broker: BidaskScore Rating: Buy Upgrade

The stock decreased 1.17% or $0.08 during the last trading session, reaching $6.78. About 341,020 shares traded. Scorpio Bulkers Inc. (NYSE:SALT) has declined 16.53% since November 5, 2018 and is downtrending. It has underperformed by 16.53% the S&P500.

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