Navios Maritime Partners LP – Consensus Indicates Potential 41.6% Upside

Broker Ratings
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Navios Maritime Partners LP found using ticker (NMM) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 55 and 35 with a mean TP of 45. With the stocks previous close at 31.77 this indicates there is a potential upside of 41.6%. The day 50 moving average is 26.74 while the 200 day moving average is 27.49. The market capitalisation for the company is $941m. Company Website: https://www.navios-mlp.com

The potential market cap would be $1,333m 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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