--- title: "BTIG Reaffirms Their Hold Rating on Genco Shipping (GNK)" type: "News" locale: "en" url: "https://longbridge.com/en/news/296325107.md" description: "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." datetime: "2026-08-19T08:35:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296325107.md) - [en](https://longbridge.com/en/news/296325107.md) - [zh-HK](https://longbridge.com/zh-HK/news/296325107.md) generator: "portal-rs" --- # BTIG Reaffirms Their Hold Rating on Genco Shipping (GNK) In a report released yesterday, from BTIG maintained a Hold rating on Genco Shipping. The company’s shares closed yesterday at $26.05. ### Summer Sale - Claim 70% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks 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). ### Related Stocks - [GNK.US](https://longbridge.com/en/quote/GNK.US.md) ## Related News & Research - [Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer | GNK Stock News](https://longbridge.com/en/news/296057392.md) - [Genco Shipping says Diana Shipping withdraws bid for remaining shares](https://longbridge.com/en/news/296057152.md) - [BTIG Flags Major Risk for S&P 500](https://longbridge.com/en/news/296391627.md) - [Prepare for the S&P 500 Midterm Election Year Curse, Warns BTIG](https://longbridge.com/en/news/296374961.md) - [Genco Shipping takes delivery of 2019-built 182,000-dwt Capesize vessel Genco Volunteer](https://longbridge.com/en/news/295705734.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**