Navios Maritime Partners LP with ticker code (NMM) now have 3 analysts covering the stock. The analyst consensus points to 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. With the stocks previous close at 31.21 this is indicating there is a potential upside of 44.2%. There is a 50 day moving average of 32.14 and the 200 moving average now moves to 28.2. The market cap for the company is $968m. Visit the company website at: https://www.navios-mlp.com
The potential market cap would be $1,395m 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.