Navios Maritime Partners LP – Consensus Indicates Potential 73.1% Upside

Broker Ratings

Navios Maritime Partners LP found using ticker (NMM) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 36 calculating the mean target price we have 43.67. Given that the stocks previous close was at 25.23 this indicates there is a potential upside of 73.1%. There is a 50 day moving average of 25.68 and the 200 moving average now moves to 28.19. The company has a market cap of $776m. Find out more information at: https://www.navios-mlp.com

The potential market cap would be $1,343m based on the market concensus.

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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 liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. 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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