Global Ship Lease Hits Analyst Price Target

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Shares of Global Ship Lease, Inc. (Symbol: GSL) have surpassed the average analyst 12-month target price of $28.25, currently trading at $28.87. This situation raises potential reactions from analysts, who may either downgrade the stock on valuation grounds or re-evaluate their target price based on the company’s fundamentals.

Among analysts following GSL, the target price varies significantly, with estimates ranging from a low of $17.00 to a high of $38.00, resulting in a standard deviation of $8.655. As of now, there are 2 strong buy ratings and 2 hold ratings, with the average analyst rating standing at 2.0 on a scale where 1 is Strong Buy and 5 is Strong Sell.

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