Pacific Basin Shipping Limited (HKG:2343)
3.120
-0.090 (-2.80%)
May 28, 2026, 4:08 PM HKT
Pacific Basin Shipping Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Pacific Basin Shipping stock has a consensus rating of "Buy" and an average price target of $3.42. The average 1-year stock price forecast is 9.62% higher than the current stock price, while the lowest is $3.07 (-1.60%) and the highest is $3.80 (+21.79%).
Price Target: $3.42 (+9.62%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 31, 2026.
Analyst Ratings
The average analyst rating for Pacific Basin Shipping stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 1 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains $3.70 | Buy | Maintains | $3.70 | +18.59% | Mar 31, 2026 |
Unknown Analyst CICC No rating | CICC | Buy Maintains $3.40 | Buy | Maintains | $3.40 | +8.97% | Mar 12, 2026 |
Unknown Analyst Huatai Securities No rating | Huatai Securities | Buy Maintains $3.50 | Buy | Maintains | $3.50 | +12.18% | Mar 7, 2026 |
| HSBC | HSBC | Sell Maintains $3.00 | Sell | Maintains | $3.00 | -3.85% | Mar 4, 2026 |
Unknown Analyst Bank of America Securities No rating | Bank of America Securities | Hold Maintains $3.70 | Hold | Maintains | $3.70 | +18.59% | Mar 4, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.