Tsakos Energy Navigation Ltd – Consensus Indicates Potential 69.1% 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 target price ranges between 18 and 9 calculating the average target price we see 12.33. Now with the previous closing price of 7.29 this now indicates there is a potential upside of 69.1%. The 50 day moving average now sits at 7.57 and the 200 day moving average is 8.34. The company has a market cap of $168m. Company Website: https://www.tenn.gr

The potential market cap would be $284m 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.

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