Navios Maritime Partners LP with ticker code (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. Now with the previous closing price of 29.06 this would imply there is a potential upside of 54.9%. The 50 day MA is 30.77 and the 200 day moving average is 29.44. The company has a market cap of $849m. Company Website: https://www.navios-mlp.com
The potential market cap would be $1,315m 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.
