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<Research>G Sachs Lifts COSCO SHIP ENGY's TP by 48% to HKD16, Predicts Further Upsides in Freight Rates
Goldman Sachs has published a report asserting that international freight rates still have further upside potential, an argument based on the exit or low utilization of shadow flee...
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<Research>G Sachs Lifts COSCO SHIP ENGY's TP by 48% to HKD16, Predicts Further Upsides in Freight Rates
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Goldman Sachs has published a report asserting that international freight rates still have further upside potential, an argument based on the exit or low utilization of shadow fleets and sanctioned fleets from the market that will result in lower-than-expected effective shipping capacity.

In Goldman Sachs' estimate, COSCO SHIP ENGY (01138.HK)  +0.210 (+1.094%)    Short selling $25.49M; Ratio 6.135%   will benefit from this round of freight rate increases, assuming that Venezuelan oil transportation will shift from shadow fleets to mainstream fleets.

Related News Jefferies Raises COSCO Shipping Energy (01138.HK) TP to HKD24.6, Reiterates Buy
Goldman Sachs has lifted its target price for COSCO SHIP ENGY by 48% to HKD16 and kept the Buy rating unchanged.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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