B of A Securities has upgraded Scorpio Tankers Inc (STNG) to a Buy rating from Neutral as of September 7, 2025. The current share price stands at $61.33.
This upgrade reflects a more optimistic outlook on Scorpio Tankers' prospects, suggesting improved fundamentals or enhanced confidence in the company's strategic direction. Scorpio Tankers engages in the marine transportation of petroleum products, operating a fleet of 113 tankers across various segments, including Handymax, MR, LR1, and LR2.
As of November 20, 2025, Scorpio Tankers boasts a market capitalisation of $3.1 billion, a P/E ratio of 10.95, and a dividend yield of 275.0%. The company is scheduled to report earnings on February 9, 2026, with estimates of $1.73 per share on revenues of $245.5 million. Recent performance has shown positive surprises, including a Q3 2025 EPS of $1.49, exceeding estimates by 8.8%.
Analyst consensus indicates a majority rating of Buy, with 7 Strong Buy and 10 Buy ratings among 18 analysts. The recent upgrade by B of A Securities underscores a shift in sentiment towards Scorpio Tankers, aligning with the broader positive assessment from other analysts, including Jefferies, which maintained its Buy rating.
Analyst ratings and price targets serve as professional opinions based on research and financial models. While they can provide valuable insights, they are subject to change as new information becomes available. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions.