In a report released today, Michael Heim from Noble Financial maintained a Buy rating on Seanergy Maritime (SHIP – Research Report), with a price target of $12.00. The company’s shares closed last Friday at $8.73.
Heim covers the Industrials sector, focusing on stocks such as AZZ, Euroseas, and Seanergy Maritime. According to TipRanks, Heim has an average return of 38.6% and a 46.43% success rate on recommended stocks.
Currently, the analyst consensus on Seanergy Maritime is a Strong Buy with an average price target of $12.33, representing a 41.24% upside. In a report released on March 13, Maxim Group also reiterated a Buy rating on the stock with a $14.00 price target.
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SHIP market cap is currently $171.5M and has a P/E ratio of 72.75.
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Seanergy Maritime (SHIP) Company Description:
Seanergy Maritime Holdings Corp. is a shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on owning and management of fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.
Read More on SHIP:
- Seanergy Marine declares special cash dividend of 7.5c per share
- Seanergy Marine reports Q4 adjusted EPS 58c, consensus 26c
- Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares a Cash Dividend of $0.10 Per Share
- Options Volatility and Implied Earnings Moves Today, March 15, 2024
- Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2023 Financial Results, Conference Call and Webcast
