▼ -26.70% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Navios Maritime Partners in the last 3 months. The average price target is $20.33, with a high forecast of $21.00 and a low forecast of $20.00. The average price target represents a -26.70% upside from the last price of $27.74.
The current consensus among 2 investment analysts is to buy stock in Navios Maritime Partners. This rating has held steady since September 2020, when it changed from a Hold consensus rating.
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.