News headlines about Tsakos Energy Navigation (NYSE:TNP) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tsakos Energy Navigation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the shipping company an impact score of 45.4314838669998 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern’s analysis:

Tsakos Energy Navigation (NYSE TNP) traded up 0.67% during trading on Thursday, reaching $4.50. 182,306 shares of the company’s stock were exchanged. Tsakos Energy Navigation has a 12 month low of $3.92 and a 12 month high of $5.41. The firm has a market cap of $377.85 million, a price-to-earnings ratio of 11.87 and a beta of 1.69. The firm’s 50-day moving average price is $4.78 and its 200-day moving average price is $4.65.

Several equities analysts recently weighed in on the stock. Maxim Group reissued a “buy” rating and issued a $7.00 target price on shares of Tsakos Energy Navigation in a research note on Monday, May 8th. Jefferies Group LLC reissued a “buy” rating and issued a $6.00 target price on shares of Tsakos Energy Navigation in a research note on Tuesday, July 4th. BidaskClub cut shares of Tsakos Energy Navigation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Wells Fargo & Company cut shares of Tsakos Energy Navigation from an “outperform” rating to a “market perform” rating and set a $3.00 target price for the company. in a research note on Wednesday, August 2nd. Finally, ValuEngine cut shares of Tsakos Energy Navigation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $5.75.

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Tsakos Energy Navigation Company Profile

Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 50 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters.

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