Tsakos Energy Navigation Ltd – Consensus Indicates Potential 172.7% Upside

Broker Ratings
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Tsakos Energy Navigation Ltd found using ticker (TNP) 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 41.5 and 11 calculating the mean target price we have 22.17. With the stocks previous close at 8.13 this now indicates there is a potential upside of 172.7%. The 50 day MA is 7.88 and the 200 moving average now moves to 10.16. The market capitalisation for the company is $149m. Company Website: http://www.tenn.gr

The potential market cap would be $405m 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 2, 2020, it operated a fleet of 65 double-hull vessels. 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 founded in 1993 and is based in Athens, Greece.

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