Globus Maritime Limited Given New $4.00 Price Target at Wunderlich (GLBS)
Wunderlich upped their price target on shares of Globus Maritime Limited (NASDAQ:GLBS) from $3.50 to $4.00 in a research note issued on Monday, AR Network reports. The firm currently has a “hold” rating on the stock. Wunderlich’s target price indicates a potential upside of 33.33% from the stock’s previous close.
Shares of Globus Maritime Limited (NASDAQ:GLBS) traded down 10.45% on Monday, hitting $3.00. The stock had a trading volume of 32,291 shares. Globus Maritime Limited has a one year low of $1.41 and a one year high of $3.50. The stock has a 50-day moving average of $2.4 and a 200-day moving average of $2.34. The company’s market cap is $30.6 million.
Globus Maritime Limited (NASDAQ:GLBS) last posted its quarterly earnings results on Tuesday, September 3rd. The company reported ($0.03) EPS for the quarter. The company had revenue of $5.80 million for the quarter, compared to the consensus estimate of $4.90 million. Analysts expect that Globus Maritime Limited will post $-0.11 EPS for the current fiscal year.
Globus Maritime Limited (NASDAQ:GLBS) is an integrated dry bulk shipping company.
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