Zacks: Analysts Set $3.25 Target Price for Pyxis Tankers Inc. (PXS)
Shares of Pyxis Tankers Inc. (NASDAQ:PXS) have received a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Pyxis Tankers’ rating score has declined by 100% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokers have set a 1 year consensus target price of $3.25 for the company, according to Zacks. Zacks has also given Pyxis Tankers an industry rank of 231 out of 265 based on the ratings given to related companies.
Several research firms have weighed in on PXS. Maxim Group reduced their target price on Pyxis Tankers from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Aegis began coverage on Pyxis Tankers in a report on Wednesday, August 9th. They set a “buy” rating and a $3.50 target price on the stock. Finally, ValuEngine upgraded Pyxis Tankers from a “sell” rating to a “hold” rating in a report on Friday, December 1st.
About Pyxis Tankers
Pyxis Tankers Inc is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.
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