Navios Maritime Partners LP with ticker code (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 55 and 35 calculating the average target price we see 45. With the stocks previous close at 27.78 this indicates there is a potential upside of 62.0%. The 50 day MA is 31.74 and the 200 moving average now moves to 29.03. The market capitalisation for the company is $907m. Company Website: https://www.navios-mlp.com
The potential market cap would be $1,470m 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.
