Jefferies analyst Omar Nokta reiterated a Buy rating on Navigator Holdings (NVGS – Research Report) today and set a price target of $18.00. The company’s shares closed yesterday at $13.94.
According to TipRanks, Nokta is a 5-star analyst with an average return of 16.3% and a 64.18% success rate. Nokta covers the Industrials sector, focusing on stocks such as ZIM Integrated Shipping Services, Danaos, and Diana Shipping.
Currently, the analyst consensus on Navigator Holdings is a Moderate Buy with an average price target of $18.50.
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NVGS market cap is currently $1.05B and has a P/E ratio of 23.65.
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Navigator Holdings Ltd. owns and operates a fleet of handysize liquefied gas carriers. It also provides international seaborne transportation and regional distribution services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. The company was founded in 1997 and is headquartered in London, the United Kingdom.
Read More on NVGS:
- Navigator Holdings Ltd. Preliminary Second Quarter 2023 Results (Unaudited)
- NVGS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2023 Results and Zoom Conference Call
- Navigator Holdings Ltd. Announces Publication of Inaugural ESG Report and New ESG Strategy ‘Fueling the Future’
- Navigator Holdings files to sell 42.56M shares of common stock for holders
