Navios Maritime Acquisition Corp Receives Average Recommendation of “Hold” from Analysts (NYSE:NNA)
Navios Maritime Acquisition Corp (NYSE:NNA) has received a consensus recommendation of “Hold” from the nine analysts that are presently covering the company, StockRatingsNetwork reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $23.81.
Navios Maritime Acquisition Corp (NYSE:NNA) opened at 3.32 on Wednesday. Navios Maritime Acquisition Corp has a 52-week low of $3.20 and a 52-week high of $4.95. The stock’s 50-day moving average is $3.62 and its 200-day moving average is $3.85. The company’s market cap is $503.5 million.
Navios Maritime Acquisition Corp (NYSE:NNA) last announced its earnings results on Wednesday, May 14th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. On average, analysts predict that Navios Maritime Acquisition Corp will post $0.09 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Navios Maritime Acquisition Corp in a research note on Tuesday, July 8th. They set a “hold” rating and a $3.75 price target on the stock. Separately, analysts at Citigroup Inc. initiated coverage on shares of Navios Maritime Acquisition Corp in a research note on Friday, April 25th. They set a “buy” rating and a $55.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Navios Maritime Acquisition Corp from a “hold” rating to a “sell” rating in a research note on Friday, April 18th.
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