Navios Maritime Acquisition Now Covered by Analysts at Maxim Group (NNA)
Research analysts at Maxim Group started coverage on shares of Navios Maritime Acquisition (NYSE:NNA) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock. The analysts noted that the move was a valuation call.
Several other analysts have also recently commented on the stock. Analysts at Global Hunter Securities downgraded shares of Navios Maritime Acquisition to a “neutral” rating in a research note to investors on Monday. Separately, analysts at Zacks upgraded shares of Navios Maritime Acquisition from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 23rd. They now have a $4.30 price target on the stock. Finally, analysts at Zacks downgraded shares of Navios Maritime Acquisition from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, October 22nd. They now have a $3.80 price target on the stock. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Navios Maritime Acquisition has a consensus rating of “Buy” and an average price target of $4.51.
Navios Maritime Acquisition (NYSE:NNA) last issued its quarterly earnings data on Wednesday, November 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The company had revenue of $53.40 million for the quarter, compared to the consensus estimate of $51.56 million.
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