Tsakos Energy Navigation Ltd – Consensus Indicates Potential 172.7% Upside

Broker Ratings

Tsakos Energy Navigation Ltd with ticker code (TNP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 41.5 and 11 with the average target price sitting at 22.17. Given that the stocks previous close was at 8.13 this would indicate that there is a potential upside of 172.7%. The 50 day MA is 7.88 and the 200 day MA is 10.16. The market cap for the company is $149m. Company Website: http://www.tenn.gr

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, 2020, it operated a fleet of 65 double-hull vessels. 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 founded in 1993 and is based in Athens, Greece.

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