Replies to post #73 on Scorpio Tankers Inc. (STNG)

[geodan]

yep. Do see it's on year lows. I went into CPLP which worked out well. But maybe STNG worth another look.

[benfrankledger]

UBS thinks fundamental signals are pointing in a positive direction ahead of a 2018 inflection point, as product tanker demand is expected to grow 3% and outpace supply growth of 2.8%.

[benfrankledger]

Stifel analysts reduce their STNG price target to $6 from $7, saying the company is "playing defense" in trying to bolster the balance sheet and liquidity ahead of a heavy debt repayment schedule (source: Briefing.com).