Navios Maritime Partners LP – Consensus Indicates Potential -14.6% Downside

Broker Ratings

Navios Maritime Partners LP with ticker code (NMM) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 32 and 15 and has a mean target at 25. Now with the previous closing price of 29.26 this would imply there is a potential downside of -14.6%. The 50 day MA is 24.62 and the 200 moving average now moves to 14.07. The market cap for the company is $611m. You can visit the company’s website by visiting: http://www.navios-mlp.com

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

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