EURN-US: Initiation (SELL, TP 6.2)

Posted on May 19, 2017 by admin

Euronav has a large fleet of crude tankers, consisting of 32 VLCCs, 23 Suezmaxes and a 50% ownership in two FSOs on long term charters. The company enjoys a large liquidity reserve and could play to role as consolidator in the…

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