Navigator Holdings Now Covered by Analysts at MLV & Co (NVGS)
Stock analysts at MLV & Co
assumed coverage on shares of Navigator Holdings (NASDAQ:NVGS) in a report issued on Wednesday. The firm set a “hold” rating and a $28.00 price target on the stock. MLV & Co
‘s price target indicates a potential upside of 15.61% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Navigator Holdings from $29.00 to $32.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Navigator Holdings in a research note on Monday, April 28th. They now have a $24.50 price target on the stock, up previously from $23.50. Finally, analysts at Global Hunter Securities raised their price target on shares of Navigator Holdings from $29.00 to $32.00 in a research note on Wednesday, April 23rd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $29.21.
Navigator Holdings (NASDAQ:NVGS) traded up 2.73% on Wednesday, hitting $24.88. The stock had a trading volume of 20,981 shares. Navigator Holdings has a 52-week low of $19.48 and a 52-week high of $60.00. The stock’s 50-day moving average is $25.46 and its 200-day moving average is $26.49. The company has a market cap of $1.377 billion and a price-to-earnings ratio of 23.84.
Navigator Holdings (NASDAQ:NVGS) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.04.
Navigator Holdings Ltd. is engaged in owning and operating fleet of handysize liquefied gas carriers.
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