Tsakos Energy Navigation Ltd with ticker code (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 9 calculating the mean target price we have 12.33. Given that the stocks previous close was at 8.21 this would indicate that there is a potential upside of 50.2%. The day 50 moving average is 7.79 and the 200 moving average now moves to 8.48. The company has a market cap of $187m. Company Website: https://www.tenn.gr
The potential market cap would be $281m 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, 2021, it operated a fleet of 66 double-hull vessels, comprising of 61 conventional tankers, two 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.
