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 50 and 36 with the average target price sitting at 43.67. With the stocks previous close at 29.72 this would imply there is a potential upside of 46.9%. The 50 day moving average now sits at 25.62 and the 200 day moving average is 28.35. The company has a market capitalisation of $897m. Company Website: https://www.navios-mlp.com
The potential market cap would be $1,319m 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.
