Navios Maritime Partners LP – Consensus Indicates Potential 27.3% Upside

Broker Ratings
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Navios Maritime Partners LP found using ticker (NMM) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 55 and 35 calculating the average target price we see 45. Given that the stocks previous close was at 35.34 this indicates there is a potential upside of 27.3%. The 50 day moving average now sits at 31.36 while the 200 day moving average is 28.06. The market cap for the company is $1,063m. Find out more information at: https://www.navios-mlp.com

The potential market cap would be $1,353m based on the market concensus.

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

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