Tsakos Energy Navigation Ltd – Consensus Indicates Potential 34.4% 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 18 and 12.5 with a mean TP of 15.17. With the stocks previous close at 11.29 this would imply there is a potential upside of 34.4%. The 50 day moving average now sits at 10.87 and the 200 moving average now moves to 8.88. The market cap for the company is $318m. Company Website: https://www.tenn.gr

The potential market cap would be $428m 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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