Noble Financial Sticks to Its Buy Rating for Pyxis Tankers Inc (PXS)

By Jason Carr

Noble Financial analyst Poe Fratt maintained a Buy rating on Pyxis Tankers Inc (PXSResearch Report) today and set a price target of $2. The company’s shares closed last Monday at $0.97, close to its 52-week low of $0.64.

Fratt has an average return of 1.8% when recommending Pyxis Tankers Inc.

According to TipRanks.com, Fratt is ranked #4167 out of 5234 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pyxis Tankers Inc with a $2 average price target.

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The company has a one-year high of $3.70 and a one-year low of $0.64. Currently, Pyxis Tankers Inc has an average volume of 76.88K.

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Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns, and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil.