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Navigator Holdings (NVGS) Receives a Buy from Alliance Global Partners

Tipranks - Fri Apr 17, 6:47AM CDT

Alliance Global Partners analyst Poe Fratt maintained a Buy rating on Navigator Holdings today and set a price target of $24.00.

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Fratt covers the Industrials sector, focusing on stocks such as Genco Shipping, Performance Shipping, and Pangaea Logistics Solutions. According to TipRanks, Fratt has an average return of 34.7% and a 56.82% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Navigator Holdings with a $24.50 average price target.

Based on Navigator Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $152.83 million and a net profit of $18.48 million. In comparison, last year the company earned a revenue of $144.03 million and had a net profit of $21.59 million

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