Kepler Cheuvreux analyst Axel Styrman downgraded Torm plc (TRMD) to Hold from Buy with a price target of DKK 218, down from DKK 285. The firm sees increased risks next year from higher fleet growth and a potential reversal of re-routing.
Kepler Cheuvreux analyst Axel Styrman downgraded Torm plc (TRMD) to Hold from Buy with a price target of DKK 218, down from DKK 285. The firm sees increased risks next year from higher fleet growth and a potential reversal of re-routing.