Maxim Group analyst Tate Sullivan reiterated a Buy rating on Top Ships (TOPS – Research Report) yesterday and set a price target of $2.50. The company’s shares closed yesterday at $0.92.
According to TipRanks, Sullivan is a 5-star analyst with an average return of 19.8% and a 42.80% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Top Ships, Badger Meter, and Euroseas.
Currently, the analyst consensus on Top Ships is a Moderate Buy with an average price target of $2.50.
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The company has a one-year high of $23.80 and a one-year low of $0.75. Currently, Top Ships has an average volume of 4.24M.
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Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.
Read More on TOPS:
- TOP Ships management estimates diluted NAV per share of $5.27
- TOP Ships Announces Record Net Income of $18.9 Million for the Year Ended December 31, 2022, 120% Increase From 2021, and Adoption of Shareholder-Friendly Measures Including Moratorium on New Equity Offerings
- TOP Ships reports FY22 EPS ($3.03) vs $2.71 last year
- TOP Ships upgraded to Buy from Hold at Maxim
- TOP Ships Inc. Announces Pricing of $13.6 Million Registered Direct Offering
