TRMD trades 25.0% below Wall Street's consensus target of $35.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes TRMD achieves its forward estimates and maintains a stable P/E multiple of 3.9x. This scenario reflects the blended consensus of 3 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 7, 2026, TORM plc (TRMD) has a Wall Street consensus price target of $35.00, based on estimates from 3 covering analysts. With the stock currently trading at $27.99, this represents a potential upside of +25.0%. The company has a market capitalization of $2.86B.
Analyst price targets range from a low of $35.00 to a high of $35.00, representing a 0% spread in expectations. The median target of $35.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, TRMD trades at a trailing P/E of 9.5x and forward P/E of 3.9x. The forward PEG ratio of 0.21 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +113.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $42.51, with bear and bull scenarios of $26.78 and $56.01 respectively. Model confidence stands at 39/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
STNGScorpio Tankers Inc. | $3.6B | $69.53 | $87.00 | +25.1% | Buy | 5.3x | 31 |
INSWInternational Seaways, Inc. | $4.2B | $85.26 | $93.33 | +9.5% | Buy | 5.9x | 13 |
TNKTeekay Tankers Ltd. | $2.4B | $68.76 | $86.00 | +25.1% | Buy | 4.7x | 23 |
HAFNHafnia Limited | $3.6B | $7.11 | $10.00 | +40.6% | Buy | 5.2x | 1 |
TENTsakos Energy Navigation Limited | $1.1B | $35.37 | $50.00 | +41.4% | Buy | 4.8x | 26 |
ASCArdmore Shipping Corporation | $621M | $15.22 | $19.00 | +24.8% | Buy | 5.1x | 17 |
NVGSNavigator Holdings Ltd. | $1.3B | $19.86 | $23.00 | +15.8% | Buy | 9.6x | 11 |
FROFrontline Ltd. | $8.2B | $36.87 | $38.50 | +4.4% | Hold | 4.6x | 22 |
NATNordic American Tankers Limited | $1.2B | $5.83 | $3.50 | -40.0% | Hold | 8.2x | 19 |
CLCOCool Company Ltd. | $511M | $9.67 | — | — | Hold | 12.1x | 1 |
Quick answers to the most common questions about buying TRMD stock.
The consensus Wall Street price target for TRMD is $35, representing 25.0% upside from the current price of $27.99. With 3 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
TRMD has a consensus rating of "Buy" based on 3 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $35 implies 25.0% upside from current levels.
With a forward P/E of 3.9274x, TRMD trades at a relatively low valuation. The consensus target of $35 implies 25.0% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $35 for TRMD, while the most conservative target is $35. The consensus of $35 represents the median expectation. Our quantitative valuation model projects a bull case target of $56 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TRMD is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TRMD stock forecast based on 3 Wall Street analysts shows a consensus price target of $35, with estimates ranging from $35 (bear case) to $35 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $43, with bear/bull scenarios of $27/$56.
Our quantitative valuation model calculates TRMD's fair value at $43 (base case), with a bear case of $27 and bull case of $56. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 39/100.
TRMD trades at a forward P/E ratio of 3.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 9.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on TRMD, with a "Buy" consensus rating and $35 price target (25.0% upside). 3 of 3 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
TRMD analyst price targets range from $35 to $35, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $35 consensus represents the middle ground. Our model's $27-$56 range provides an independent fundamental perspective.
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