Stifel Nicolaus Keeps a Hold Rating on Navios Maritime Partners Lp

By Jason Carr

Stifel Nicolaus analyst Selman Akyol reiterated a Hold rating on Navios Maritime Partners Lp (NYSE: NMM) yesterday and set a price target of $2.25. The company’s shares closed yesterday at $2.09.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.1% and a 49.4% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Vanguard Natural Resources LLC, and Energy Transfer Partners LP.

Navios Maritime Partners Lp has an analyst consensus of Moderate Buy, with a price target consensus of $2.13.

The company has a one year high of $2.94 and a one year low of $1.15. Currently, Navios Maritime Partners Lp has an average volume of 658.6K.

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Navios Maritime Partners LP engages in owning and operating dry cargo and container vessels. Its fleet consists of vessels mix of Ultra-Handymax, Panamax, Capesize, and Container vessels. The company was founded on August 7, 2007 and is headquartered in Monte Carlo, Monaco.