BTIG Reaffirms Their Hold Rating on Genco Shipping (GNK)

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BTIG reaffirmed its Hold rating on Genco Shipping (GNK) in a recent report, with shares closing at $26.05. This follows a Hold from Alliance Global Partners and contrasts with B. Riley Securities' Buy rating maintained earlier in August.

In a report released yesterday, from BTIG maintained a Hold rating on Genco Shipping. The company’s shares closed yesterday at $26.05.

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In addition to BTIG, Genco Shipping also received a Hold from Alliance Global Partners’s Poe Fratt in a report issued on August 17. However, on August 7, B. Riley Securities maintained a Buy rating on Genco Shipping (NYSE: GNK).

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