Tsakos Energy Navigation Ltd – Consensus Indicates Potential 172.7% Upside

Broker Ratings

Tsakos Energy Navigation Ltd with ticker code (TNP) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 41.5 and 11 calculating the average target price we see 22.17. With the stocks previous close at 8.13 this would indicate that there is a potential upside of 172.7%. The 50 day MA is 7.88 while the 200 day moving average is 10.16. The market capitalisation for the company is $149m. You can visit the company’s website by visiting: 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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