What did Bank of America change in the STNG analyst rating on March 9, 2026?

Bank of America maintained its **Underperform** on SCORPIO TANKERS INC. (STNG) on March 9, 2026, and raised the price target to **$70**, combining a cautious rating with an updated valuation view.

How should investors interpret the maintained Underperform in the STNG analyst rating?

A maintained Underperform signals limited expected relative performance. Investors should weigh charter rates, liquidity, and freight outlook before increasing exposure to STNG.

Does the STNG analyst rating change include a new price target?

Yes. Although the rating was maintained, Bank of America raised the STNG price target to **$70**, reflecting revised assumptions while keeping a conservative view on relative upside.

How does Meyka AI view this STNG analyst rating update?

Meyka AI flags the mixed signal of a higher price target with a maintained Underperform. Our models show a freight rebound would be the key driver to prompt rating upgrades for STNG.

Analyst Ratings

Bank of America Maintains STNG Underperform March 2026 for Scorpio Tankers Inc

ByHuzaifa Zahoor March 10, 2026March 10, 2026

Bank of America Securities maintained an Underperform on Scorpio Tankers Inc. (STNG) on March 9, 2026, marking the latest STNG analyst rating update. The firm raised its price target to $70 while keeping the negative rating, a mixed signal for investors. Market reaction shows a near-term pullback of -2.26% ($-1.77) on the latest trade window. Meyka AI rates STNG with a grade of A. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus and is not investment advice.