The Guggenheim Shipping ETF Earns Average Rating from Analysts at Deutsche Bank

Deutsche Bank assumed coverage on shares of The Guggenheim Shipping ETF (NYSE:SEA) in a research note issued to investors. The firm issued an average rating on the stock.

Deutsche Bank has also taken action a number of other stocks recently. The firm initiated coverage on shares of DryShips Inc.. They issued a buy rating on that stock and set a $5.00 price target. Also, Deutsche Bank initiated coverage on shares of Capital Product Partners L.P.. They issued a buy rating on that stock and set a $15.00 price target. Finally, Deutsche Bank initiated coverage on shares of StealthGas Inc.. They issued a buy rating on that stock and set a $14.00 price target.

The Guggenheim Shipping ETF has a one year low of $19.27 and a one year high of $23.32. The stock has a 50-day moving average of $22. and a 200-day moving average of $22.24.
Source: Watch List News