Navios Maritime Partners LP with ticker code (NMM) now have 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 with a mean TP of 45. Now with the previous closing price of 31.68 this would imply there is a potential upside of 42.0%. The day 50 moving average is 29.57 and the 200 day MA is 27.73. The market capitalisation for the company is $1,150m. Find out more information at: https://www.navios-mlp.com
The potential market cap would be $1,634m 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, luding 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.
