Navios Maritime Partners LP – Consensus Indicates Potential 34.9% Upside

Broker Ratings
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Navios Maritime Partners LP found using ticker (NMM) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 55 and 35 calculating the average target price we see 45. Given that the stocks previous close was at 33.35 this would indicate that there is a potential upside of 34.9%. The 50 day moving average now sits at 32.65 and the 200 day moving average is 28.4. The market cap for the company is $955m. Visit the company website at: https://www.navios-mlp.com

The potential market cap would be $1,288m 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 liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. 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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