Navios Maritime Partners LP found using ticker (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 50 and 36 calculating the mean target price we have 43.67. With the stocks previous close at 27.39 this now indicates there is a potential upside of 59.4%. The 50 day moving average now sits at 25.35 and the 200 day moving average is 28.27. The market cap for the company is $830m. You can visit the company’s website by visiting: https://www.navios-mlp.com
The potential market cap would be $1,323m 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.
