Navigator Holdings Given Consensus Recommendation of “Buy” by Brokerages (NASDAQ:NVGS)
Shares of Navigator Holdings (NASDAQ:NVGS) have earned a consensus recommendation of “Buy” from the nine analysts that are presently covering the stock, AR Network reports. Two research analysts have rated the stock with a hold rating and seven 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 $29.66.
A number of analysts have recently weighed in on NVGS shares. Analysts at Zacks upgraded shares of Navigator Holdings from a “neutral” rating to an “outperform” rating in a research note on Friday. They now have a $31.10 price target on the stock. Separately, analysts at MLV & Co
initiated coverage on shares of Navigator Holdings in a research note on Wednesday, May 28th. They set a “hold” rating and a $28.00 price target on the stock. Finally, 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, May 28th. They now have a “buy” rating on the stock.
Shares of Navigator Holdings (NASDAQ:NVGS) traded down 1.07% during mid-day trading on Monday, hitting $28.76. The stock had a trading volume of 72,496 shares. Navigator Holdings has a 52-week low of $19.48 and a 52-week high of $60.00. The stock has a 50-day moving average of $28.70 and a 200-day moving average of $25.93. The company has a market cap of $1.591 billion and a price-to-earnings ratio of 28.61.
Navigator Holdings (NASDAQ:NVGS) last released its earnings data on Thursday, May 8th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ 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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