Navios Maritime Partners LP – Consensus Indicates Potential 48.3% Upside

Broker Ratings
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Navios Maritime Partners LP with ticker code (NMM) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 50 and 28 calculating the average target price we see 40.75. Now with the previous closing price of 27.47 this would indicate that there is a potential upside of 48.3%. There is a 50 day moving average of 25.48 and the 200 day MA is 26.41. The company has a market cap of $804m. Visit the company website at: https://www.navios-mlp.com

The potential market cap would be $1,192m 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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