Navios Maritime Partners LP found using ticker (NMM) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 50 and 28 with a mean TP of 40.75. Given that the stocks previous close was at 25.1 this now indicates there is a potential upside of 62.4%. The 50 day MA is 25.42 while the 200 day moving average is 26.86. The market capitalisation for the company is $773m. Company Website: https://www.navios-mlp.com
The potential market cap would be $1,255m 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.
