Zacks Investment Research downgraded shares of SHIP FIN INTL (SFL) from NEUTRAL to UNDERPERFORM on November 30, 2012, with a target price of $15.30.
Ship Finance is a major shipowning company. Including newbuildings, Ship Finance owns a fleet consisting of vessels, including crude oil tankers (VLCC and Suezmax), oil/bulk/ore vessels, container vessels, dry bulk carriers, jack-up drilling rigs and seismic vessels. The fleet is one of the largest in the world and most of the vessels are employed on medium- or long-term charters.
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