Jefferies Sticks to Their Buy Rating for Navigator Holdings

By Carrie Williams

Jefferies analyst Douglas Mavrinac reiterated a Buy rating on Navigator Holdings (NYSE: NVGS) yesterday and set a price target of $15. The company’s shares opened today at $10.20.

According to TipRanks.com, Mavrinac is a 5-star analyst with an average return of 9.7% and a 50.3% success rate. Mavrinac covers the Services sector, focusing on stocks such as Navios Maritime Partners Lp, Ship Finance International, and Golden Ocean Group Limited.

Navigator Holdings has an analyst consensus of Strong Buy, with a price target consensus of $16.

The company has a one year high of $14.75 and a one year low of $6.47. Currently, Navigator Holdings has an average volume of 292.4K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.