Euronav looks like analysts' tanker favorite in 2015

Belgian Euronav is Morgan Stanley's absolute first choice among shipping shares in crude oil for the coming year. Several analysts such as Deutsche Bank and Credit Suisse highly recommend the Belgian super-tanker.

Photo: Euronav

The favorable market for crude oil has from the beginning of 2015 sent Belgium-based Euronav up as an absolute favorite among stock analysts on Wall Street.

This week Fotis Giannakoulis from Morgan Stanley chose the Belgian VLCC and Suezmax shipowner as the American investment bank's top pick among shipping shares operating in crude oil transports with a target price of USD 15.5 per share along with a buyers recommendation.

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