Tsakos Energy Navigation Ltd – Consensus Indicates Potential 11.1% Upside

Broker Ratings
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Tsakos Energy Navigation Ltd with ticker code (TNP) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 25 and 16 and has a mean target at 20.5. With the stocks previous close at 18.46 this now indicates there is a potential upside of 11.1%. The 50 day moving average now sits at 14.61 and the 200 day MA is 10.59. The company has a market capitalisation of $465m. Company Website: https://www.tenn.gr

The potential market cap would be $516m based on the market concensus.

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

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