Analyst Price Target is $34.00
▲ +51.18% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for EuroDry in the last 3 months. The average price target is $34.00, with a high forecast of $45.00 and a low forecast of $23.00. The average price target represents a 51.18% upside from the last price of $22.49.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in EuroDry. This Buy consensus rating has held steady for over two years.
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2021, it operated a fleet of seven drybulk carriers comprising four Panamax drybulk carriers, one Ultramax drybulk carrier, and two Kamsarmax carriers with a cargo capacity of 528,931 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.