In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Top Ships (TOPS – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $0.74.
According to TipRanks, Sullivan is a 5-star analyst with an average return of 17.6% and a 44.09% success rate. Sullivan covers the Industrials sector, focusing on stocks such as Seanergy Maritime, ABM Industries, and Badger Meter.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Top Ships with a $3.00 average price target.
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The company has a one-year high of $11.60 and a one-year low of $0.56. Currently, Top Ships has an average volume of 450.3K.
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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 reports management estimate of NAV of $14.02 per share
- TOP Ships Announces Management Estimate of Net Asset Value of $285 Million, Net Asset Value per Share of $14.02 and Diluted Net Asset Value per Share of $4.97
- Top Ships Announces Profit of $5.8 Million and an EPS of $0.13 for the 1st Half of 2023 Marking its Fifth Consecutive Profitable Six-Month Period
- TOP Ships reports H1 of 2023 EPS 10c vs ($6.15) last year
- TOP Ships participates in a conference call hosted by Maxim
