Navios Maritime Partners (NMM) Receives New Coverage from Analysts at Jefferies Group
A number of other analysts also recently commented on NMM. Stifel Nicolaus reissued a hold rating and issued a $2.25 price objective on shares of Navios Maritime Partners in a research note on Friday, September 1st. Zacks Investment Research raised Navios Maritime Partners from a hold rating to a buy rating and set a $2.25 price objective on the stock in a research note on Friday, October 13th. Citigroup boosted their price objective on Navios Maritime Partners from $2.00 to $2.25 and gave the stock a neutral rating in a research note on Thursday, November 16th. Finally, TheStreet raised Navios Maritime Partners from a d+ rating to a c- rating in a research note on Wednesday, November 15th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Navios Maritime Partners presently has an average rating of Hold and a consensus price target of $2.19.
Navios Maritime Partners (NYSE:NMM) opened at $2.34 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.39 and a current ratio of 1.39. Navios Maritime Partners has a 12-month low of $1.40 and a 12-month high of $2.65. The stock has a market capitalization of $338.46, a price-to-earnings ratio of 13.47 and a beta of 1.85.
About Navios Maritime Partners
Navios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters.
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