Euroseas (ESEA) Receives a Buy from Noble Financial
In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Euroseas, with a price target of $90.00.
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Reichman covers the Basic Materials sector, focusing on stocks such as Kuya Silver, Resolution Minerals Ltd., and Comstock Mining. According to TipRanks, Reichman has an average return of -4.6% and a 38.06% success rate on recommended stocks.
In a report released today, Alliance Global Partners also maintained a Buy rating on the stock with a $85.00 price target.
Based on Euroseas’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $57.39 million and a net profit of $40.49 million. In comparison, last year the company earned a revenue of $53.31 million and had a net profit of $24.39 million
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