Scorpio Tankers Inc Ranks 40th for Strong Stock Buybacks
A recent analysis of broker recommendations reveals that Scorpio Tankers Inc (Symbol: STNG) is the 40th most recommended stock among those identified for strong buyback activity. This ranking comes from a study by The Online Investor, which focused on companies that repurchased at least 5% of their outstanding shares over the past twelve months. The evaluation involved averaging analysts’ opinions from major brokerage firms to establish the rankings.
Operating in the Air Services Other sector, STNG is compared with companies like FTAI Aviation Ltd (FTAI), which has increased about 1.5% today, and C.H. Robinson Worldwide, Inc. (CHRW), currently trading up roughly 2.1%. Below is a three-month price history chart that compares the stock performance of STNG against FTAI and CHRW.
As of midday Thursday, STNG is trading up approximately 2.1%.
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Additional Resources:
- PHR Stock Predictions
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
