Scorpio Tankers (STNG) Price Target Trimmed by Analyst

Core Viewpoint - Scorpio Tankers Inc. (NYSE:STNG) has experienced a decline in share price and a reduction in price target by analysts, influenced by geopolitical developments and market dynamics [1][3]. Group 1: Share Price Movement - The share price of Scorpio Tankers Inc. fell by 2.3% between November 26 and December 3, 2025, ranking it among the energy stocks that lost the most during that week [1]. Group 2: Analyst Insights - BofA analyst Ken Hoexter lowered the price target for Scorpio Tankers from $73 to $67 while maintaining a 'Buy' rating, citing increased prospects for a peace deal between Ukraine and Russia [3]. - The analyst firm has maintained its EPS estimate for FY 2025 at $5.7 but reduced estimates for the next two years by 14% and 16% to $6.1 and $5.1, respectively [5]. Group 3: Market Dynamics - A potential peace agreement could lead to increased Handymax and MR rates for Scorpio Tankers as access to the Russian market improves, while LR2 rates may decrease due to reduced ton-miles from the Middle East [4]. - Benchmark rates for large crude carriers have surged to a 5-year high following US sanctions on Russian oil exports, prompting buyers to seek alternative suppliers [4].