34.65
price up icon1.82%   +0.62
 
loading

Torm Plc Stock (TRMD) Forecast

The Torm Plc (TRMD) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $40.83, representing a +17.84% increase from the current price of $34.65. The highest analyst price target is $42.11, and the lowest is $39.55.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month TRMD Price Target
Average 50.26 (+45.05% Upside)
loading

Is Torm Plc (TRMD) A Buy Now?

Oscillators
Name Value Action
RSI(14) 54.74 Neutral
STOCH(9,6) 47.13 Neutral
STOCHRSI(14) 79.63 Neutral
MACD(12,26) -0.1978 Buy
ADX(14) 14.55 Neutral
William %R -38.10 Neutral
CCI(14) 51.91 Neutral
Buy: 1 Sell: 0 Neutral: 6
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
33.22
Buy
33.74
Buy
MA20
34.25
Buy
33.91
Buy
MA50
34.07
Buy
33.89
Buy
MA100
33.08
Buy
33.02
Buy
MA200
30.23
Buy
31.71
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, TRMD could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 0 signaling Sell signals and 6 Neutral signals. This might be a good time to open fresh positions on TRMD, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 54.74 indicates that TRMD is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 47.13 indicates that TRMD is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 79.63 indicates that TRMD is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 14.55 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 51.91 indicates that TRMD is still overbought but not to an extreme extent.

Long-term TRMD price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Torm Plc financial reports and earnings history, Torm Plc (TRMD) stock could reach $78.91 by 2030, $389.90 by 2040 and $480.52 by 2050. See the projected annual prices until 2050 of the Torm Plc stock below:

  • Torm Plc (TRMD) is expected to reach an average price of $293.55 in 2035, with a high prediction of $293.79 and a low estimate of $286.44. This indicates an $747.18% rise from the last recorded price of $34.65.
  • Torm Plc (TRMD) stock is projected to chart a bullish course in 2040, with an average price target of $389.66, representing an $1,025% surge from its current level. The forecast ranges from a conservative $382.45 to a sky-high $389.90.
  • Our analysts predict Torm Plc (TRMD) to jump 1,185% by 2045, soaring from $439.16 to an average price of $445.34, potentially reaching $448.31. While $439.16 is the low estimate, the potential upside is significant.
  • Torm Plc (TRMD) stock is expected to climb by 2050, reaching an average of $480.43, a $1,287% jump from its current level. However, a wide range of estimates exists, with high and low targets of $480.52 and $471.56, respectively, highlighting the market's uncertainty.

Torm Plc Stock (TRMD) Year by Year Forecast

Torm Plc Stock (TRMD) Price Forecast for 2024

Our forecast for TRMD stock price in 2024 now indicates an average price target of $44.90 with a high forecast of $58.08 and a low forecast of $31.71. The average prediction reflects an increase of +29.58% from the last recorded price of $34.65.
Month Average Low High Change from today's price
May, 2024 $42.11 $39.55 $42.11 +21.54%
June, 2024 $44.59 $42.20 $44.88 +28.70%
July, 2024 $45.65 $43.66 $58.08 +31.74%
August, 2024 $46.88 $45.62 $47.63 +35.29%
September, 2024 $48.36 $45.90 $49.32 +39.57%
October, 2024 $50.53 $49.25 $50.53 +45.84%
November, 2024 $52.82 $50.43 $53.15 +52.43%
December, 2024 $54.70 $53.17 $54.70 +57.86%

Torm Plc Stock (TRMD) Price Forecast for 2025

Torm Plc Stock (TRMD) is expected to reach an average price of $63.40 in 2025, with a high prediction of $71.75 and a low estimate of $55.06. This indicates an +82.99% rise from the last recorded price of $34.65.
Month Average Low High Change from today's price
January, 2025 $56.28 $55.06 $56.41 +62.43%
February, 2025 $58.35 $56.75 $58.74 +68.41%
March, 2025 $57.25 $57.25 $59.30 +65.21%
April, 2025 $60.49 $57.96 $60.97 +74.56%
May, 2025 $60.49 $58.97 $61.37 +74.58%
June, 2025 $62.96 $60.35 $64.10 +81.71%
July, 2025 $64.20 $62.66 $64.30 +85.27%
August, 2025 $64.47 $64.41 $65.50 +86.06%
September, 2025 $66.73 $64.70 $67.03 +92.59%
October, 2025 $69.23 $67.15 $69.43 +99.81%
November, 2025 $69.38 $68.41 $70.10 +100.22%
December, 2025 $71.66 $69.66 $71.75 +106.81%

Torm Plc Stock (TRMD) Price Forecast for 2026

The predicted value for Torm Plc (TRMD) in 2026 is set at an average of $81.76. Estimates vary from a peak of $92.03 to a trough of $71.49, indicating an +135.95% surge from the present price of $34.65.
Month Average Low High Change from today's price
January, 2026 $72.84 $71.49 $73.03 +110.22%
February, 2026 $74.52 $72.95 $74.69 +115.07%
March, 2026 $76.25 $74.77 $76.69 +120.04%
April, 2026 $77.91 $76.86 $78.20 +124.84%
May, 2026 $80.46 $78.12 $81.31 +132.21%
June, 2026 $83.12 $80.27 $83.24 +139.89%
July, 2026 $84.14 $83.53 $84.41 +142.84%
August, 2026 $86.72 $84.57 $87.50 +150.27%
September, 2026 $87.48 $86.73 $87.62 +152.47%
October, 2026 $88.63 $87.71 $89.24 +155.79%
November, 2026 $90.02 $88.67 $90.42 +159.81%
December, 2026 $91.64 $90.16 $92.03 +164.46%

Torm Plc Stock (TRMD) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Torm Plc (TRMD) is $104.68, with a high forecast of $117.74 and a low forecast of $91.62. This indicates an +202.10% increase from the last price of $34.65.
Month Average Low High Change from today's price
January, 2027 $93.07 $91.62 $93.07 +168.60%
February, 2027 $94.83 $93.14 $96.19 +173.68%
March, 2027 $95.91 $94.87 $96.49 +176.81%
April, 2027 $97.93 $95.75 $97.99 +182.62%
May, 2027 $99.11 $97.85 $99.82 +186.03%
June, 2027 $101.00 $99.08 $101.29 +191.49%
July, 2027 $102.50 $100.75 $103.38 +195.83%
August, 2027 $105.92 $102.78 $106.01 +205.68%
September, 2027 $108.66 $105.77 $108.96 +213.59%
October, 2027 $112.97 $107.69 $113.81 +226.03%
November, 2027 $114.97 $113.22 $116.18 +231.81%
December, 2027 $117.06 $113.17 $117.74 +237.82%

Torm Plc Stock (TRMD) Price Forecast for 2028

In 2028, Torm Plc (TRMD) is projected to reach an average price of $136.23, with a high projection of $155.24 and a low estimate of $117.23. This indicates an +293.17% rise from the last price of $34.65.
Month Average Low High Change from today's price
January, 2028 $125.10 $117.23 $126.23 +261.04%
February, 2028 $127.90 $123.77 $129.25 +269.12%
March, 2028 $129.58 $125.37 $129.71 +273.98%
April, 2028 $139.11 $131.25 $139.30 +301.46%
May, 2028 $140.40 $136.15 $140.82 +305.19%
June, 2028 $141.71 $137.90 $143.82 +308.98%
July, 2028 $140.08 $137.08 $142.06 +304.28%
August, 2028 $150.57 $140.39 $150.84 +334.53%
September, 2028 $151.24 $147.83 $153.22 +336.47%
October, 2028 $151.76 $146.17 $155.24 +337.98%
November, 2028 $149.08 $147.40 $153.66 +330.25%
December, 2028 $147.26 $145.57 $148.23 +324.99%

Torm Plc Stock (TRMD) Price Forecast for 2029

The 2029 price forecast for Torm Plc Stock (TRMD) is $111.50 on average, with a high prediction of $166.43 and a low estimate of $56.56. This represents an +221.78% increase from the previous price of $34.65.
Month Average Low High Change from today's price
January, 2029 $147.66 $145.64 $148.93 +326.14%
February, 2029 $151.39 $146.71 $151.71 +336.91%
March, 2029 $151.65 $151.13 $154.82 +337.67%
April, 2029 $156.36 $151.84 $157.16 +351.27%
May, 2029 $160.74 $154.50 $161.54 +363.89%
June, 2029 $164.92 $160.58 $165.01 +375.96%
July, 2029 $162.04 $159.76 $166.43 +367.65%
August, 2029 $58.35 $56.56 $165.46 +68.40%
September, 2029 $61.58 $59.09 $61.58 +77.71%
October, 2029 $65.06 $61.96 $65.06 +87.77%
November, 2029 $69.54 $65.80 $69.91 +100.68%
December, 2029 $73.39 $69.58 $73.39 +111.81%

Torm Plc Stock (TRMD) Price Forecast for 2030

Torm Plc Stock (TRMD) is expected to reach an average price of $93.66 in 2030, with a high forecast of $113.14 and a low forecast of $74.18. This signifies an +170.31% surge from the last price of $34.65.
Month Average Low High Change from today's price
January, 2030 $77.81 $74.18 $78.91 +124.55%
February, 2030 $80.67 $78.44 $93.55 +132.82%
March, 2030 $82.94 $80.81 $84.15 +139.35%
April, 2030 $85.44 $83.88 $86.95 +146.58%
May, 2030 $90.01 $86.94 $90.02 +159.76%
June, 2030 $92.97 $90.40 $93.27 +168.31%
July, 2030 $97.30 $93.76 $97.30 +180.80%
August, 2030 $100.84 $98.03 $101.04 +191.02%
September, 2030 $105.48 $101.11 $105.55 +204.42%
October, 2030 $106.92 $105.64 $108.11 +208.58%
November, 2030 $108.63 $106.44 $108.76 +213.52%
December, 2030 $112.28 $108.62 $113.14 +224.04%
$116.86
price down icon 0.70%
oil_gas_midstream LNG
$159.14
price down icon 0.14%
oil_gas_midstream TRP
$36.10
price up icon 0.03%
oil_gas_midstream KMI
$18.68
price down icon 0.64%
$41.95
price up icon 0.17%
oil_gas_midstream OKE
$81.06
price down icon 0.39%
Cap:     |  Volume (24h):