Navios Maritime Partners LP – Consensus Indicates Potential 7.3% Upside

Broker Ratings

Navios Maritime Partners LP found using ticker (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 20 and 7.5 with the average target price sitting at 14.17. With the stocks previous close at 13.21 this would indicate that there is a potential upside of 7.3%. There is a 50 day moving average of 11.65 and the 200 day moving average is 7.94. The market capitalisation for the company is $169m. Visit the company website at: 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, and fertilizers, as well as charters its vessels under medium to long-term charters. As of February 10, 2020, it operated a fleet of 48 vessels with a carrying capacity of 4.9 million dwt, including 48,061 twenty-foot equivalent units. Navios GP L.L.C. 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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