21.71
price down icon8.82%   -2.10
after-market After Hours: 21.84 0.13 +0.60%
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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 $42.66, representing a +96.51% increase from the current price of $21.71. The highest analyst price target is $43.63, and the lowest is $41.70.

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 47.48 (+118.69% Upside)
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Is Torm Plc (TRMD) A Buy Now?

Oscillators
Name Value Action
RSI(14) 22.98 Buy
STOCH(9,6) 26.84 Neutral
STOCHRSI(14) 56.60 Neutral
MACD(12,26) -1.8478 Buy
ADX(14) 52.35 Sell
William %R -95.40 Buy
CCI(14) -197.96 Sell
Buy: 3 Sell: 2 Neutral: 2
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
23.39
Sell
23.57
Sell
MA20
24.60
Sell
24.86
Sell
MA50
29.41
Sell
28.26
Sell
MA100
33.19
Sell
31.07
Sell
MA200
34.20
Sell
32.08
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, TRMD could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on TRMD, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 22.98 indicates that TRMD is oversold. This indicates that TRMD price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
  2. STOCH (Stochastic Oscillator): The STOCH value of 26.84 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 56.6 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 52.35 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -197.96 indicates that TRMD is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

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 $75.83 by 2030, $289.77 by 2040 and $348.00 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 $219.46 in 2035, with a high prediction of $221.37 and a low estimate of $214.95. This indicates an $910.88% rise from the last recorded price of $21.71.
  • Torm Plc (TRMD) stock is projected to chart a bullish course in 2040, with an average price target of $285.86, representing an $1,217% surge from its current level. The forecast ranges from a conservative $279.91 to a sky-high $289.77.
  • Our analysts predict Torm Plc (TRMD) to jump 1,399% by 2045, soaring from $322.19 to an average price of $325.47, potentially reaching $326.25. While $322.19 is the low estimate, the potential upside is significant.
  • Torm Plc (TRMD) stock is expected to climb by 2050, reaching an average of $347.96, a $1,503% jump from its current level. However, a wide range of estimates exists, with high and low targets of $348.00 and $343.38, 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 $40.11 with a high forecast of $49.22 and a low forecast of $31.00. The average prediction reflects an increase of +84.76% from the last recorded price of $21.71.
Month Average Low High Change from today's price
December, 2024 $43.22 $41.70 $43.63 +99.07%

Torm Plc Stock (TRMD) Price Forecast for 2025

Torm Plc Stock (TRMD) is expected to reach an average price of $48.71 in 2025, with a high prediction of $54.28 and a low estimate of $43.14. This indicates an +124.38% rise from the last recorded price of $21.71.
Month Average Low High Change from today's price
January, 2025 $45.75 $43.14 $45.97 +110.73%
February, 2025 $44.54 $44.18 $46.34 +105.18%
March, 2025 $44.54 $43.94 $45.05 +105.16%
April, 2025 $45.97 $44.68 $47.49 +111.75%
May, 2025 $47.03 $45.91 $47.32 +116.63%
June, 2025 $48.00 $47.73 $49.43 +121.08%
July, 2025 $49.88 $48.09 $49.88 +129.75%
August, 2025 $50.13 $48.71 $50.33 +130.93%
September, 2025 $50.96 $50.19 $51.43 +134.74%
October, 2025 $51.72 $51.00 $53.26 +138.25%
November, 2025 $52.92 $51.67 $53.00 +143.76%
December, 2025 $53.92 $52.95 $54.28 +148.38%

Torm Plc Stock (TRMD) Price Forecast for 2026

The predicted value for Torm Plc (TRMD) in 2026 is set at an average of $61.40. Estimates vary from a peak of $68.66 to a trough of $54.14, indicating an +182.82% surge from the present price of $21.71.
Month Average Low High Change from today's price
January, 2026 $55.58 $54.14 $56.06 +156.01%
February, 2026 $56.60 $55.68 $56.88 +160.69%
March, 2026 $58.22 $56.70 $58.56 +168.18%
April, 2026 $60.76 $58.04 $60.82 +179.89%
May, 2026 $62.01 $60.01 $62.18 +185.63%
June, 2026 $62.87 $61.74 $63.23 +189.57%
July, 2026 $64.18 $62.49 $65.13 +195.64%
August, 2026 $64.99 $64.29 $65.75 +199.33%
September, 2026 $66.30 $64.80 $66.34 +205.38%
October, 2026 $67.02 $65.90 $67.35 +208.70%
November, 2026 $67.30 $66.52 $67.33 +210.00%
December, 2026 $68.46 $67.56 $68.66 +215.35%

Torm Plc Stock (TRMD) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Torm Plc (TRMD) is $81.22, with a high forecast of $93.74 and a low forecast of $68.70. This indicates an +274.12% increase from the last price of $21.71.
Month Average Low High Change from today's price
January, 2027 $70.62 $68.70 $71.71 +225.28%
February, 2027 $70.37 $70.13 $71.67 +224.11%
March, 2027 $71.90 $70.14 $72.09 +231.17%
April, 2027 $73.31 $71.81 $73.85 +237.70%
May, 2027 $73.31 $71.77 $73.69 +237.68%
June, 2027 $75.90 $73.43 $75.99 +249.62%
July, 2027 $77.28 $75.37 $77.34 +255.96%
August, 2027 $78.18 $77.40 $80.38 +260.09%
September, 2027 $84.92 $77.75 $85.30 +291.15%
October, 2027 $84.80 $84.29 $86.04 +290.62%
November, 2027 $85.17 $83.79 $87.08 +292.31%
December, 2027 $92.76 $85.29 $93.74 +327.28%

Torm Plc Stock (TRMD) Price Forecast for 2028

In 2028, Torm Plc (TRMD) is projected to reach an average price of $106.54, with a high projection of $120.61 and a low estimate of $92.47. This indicates an +390.74% rise from the last price of $21.71.
Month Average Low High Change from today's price
January, 2028 $95.42 $92.47 $96.16 +339.52%
February, 2028 $96.41 $94.61 $98.61 +344.06%
March, 2028 $104.40 $94.86 $104.91 +380.88%
April, 2028 $106.18 $104.25 $108.60 +389.10%
May, 2028 $110.38 $105.11 $111.36 +408.42%
June, 2028 $108.35 $105.69 $111.10 +399.09%
July, 2028 $111.58 $104.05 $111.89 +413.95%
August, 2028 $115.53 $111.76 $119.39 +432.16%
September, 2028 $112.93 $111.77 $120.04 +420.17%
October, 2028 $114.75 $113.67 $120.61 +428.58%
November, 2028 $112.18 $110.70 $115.64 +416.71%
December, 2028 $111.56 $109.75 $112.67 +413.88%

Torm Plc Stock (TRMD) Price Forecast for 2029

The 2029 price forecast for Torm Plc Stock (TRMD) is $97.08 on average, with a high prediction of $135.71 and a low estimate of $58.45. This represents an +347.17% increase from the previous price of $21.71.
Month Average Low High Change from today's price
January, 2029 $113.69 $110.48 $113.94 +423.68%
February, 2029 $116.27 $113.34 $117.91 +435.57%
March, 2029 $115.98 $114.38 $116.59 +434.22%
April, 2029 $120.46 $116.19 $120.78 +454.86%
May, 2029 $124.22 $120.16 $124.69 +472.17%
June, 2029 $122.48 $121.93 $127.81 +464.18%
July, 2029 $125.51 $120.69 $127.33 +478.12%
August, 2029 $132.32 $126.36 $133.49 +509.50%
September, 2029 $130.66 $129.90 $133.15 +501.84%
October, 2029 $132.30 $130.79 $133.75 +509.40%
November, 2029 $132.45 $131.77 $135.71 +510.08%
December, 2029 $59.14 $58.45 $135.13 +172.41%

Torm Plc Stock (TRMD) Price Forecast for 2030

Torm Plc Stock (TRMD) is expected to reach an average price of $72.45 in 2030, with a high forecast of $85.38 and a low forecast of $59.52. This signifies an +233.71% surge from the last price of $21.71.
Month Average Low High Change from today's price
January, 2030 $62.21 $59.52 $75.83 +186.53%
February, 2030 $63.96 $61.91 $65.74 +194.60%
March, 2030 $65.76 $64.07 $66.51 +202.90%
April, 2030 $67.15 $64.92 $68.63 +209.32%
May, 2030 $70.70 $67.31 $70.70 +225.65%
June, 2030 $73.55 $70.74 $73.88 +238.78%
July, 2030 $76.15 $74.04 $76.15 +250.74%
August, 2030 $78.30 $76.65 $78.30 +260.65%
September, 2030 $80.94 $78.91 $81.33 +272.83%
October, 2030 $80.55 $80.27 $82.18 +271.01%
November, 2030 $84.36 $81.54 $84.84 +288.56%
December, 2030 $84.93 $83.03 $85.38 +291.20%
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Cap:     |  Volume (24h):