22 Dec

Analysts’ Recommendations for NAP, DHT, and TNP

WRITTEN BY Sue Goodridge

Analysts’ recommendations

In the previous part, we discussed Wall Street analysts’ recommendations for the two top performing crude tanker stocks in 2017—Euronav (EURN) and Gener8 Maritime Partners (GNRT). In this part, we’ll look at analysts’ recommendations for the other three top crude tanker stocks in 2017.

Analysts’ Recommendations for NAP, DHT, and TNP

Navios Maritime Midstream Partners

Navios Maritime Midstream Partners (NAP) was the third-best performing stock in 2017 among its peers. None of the analysts tracking Navios Maritime Midstream Partners stock recommended a “buy” or some equivalent as of December 19, 2017. Approximately 75% recommended a “hold” and 25% recommended a “sell” or some equivalent. Analysts’ consensus target price is $9.5 as of December 19. Currently, Navios Maritime Midstream Partners is trading at $9.21, which implies a 3.1% return in the next 12 months at the current price.

DHT Holdings

DHT Holdings (DHT) was the fourth-best performing stock in 2017 among its peers. About 46% of the Wall Street analysts tracking DHT Holdings stock recommended a “buy” or some equivalent as of December 19, 2017. Approximately 54% recommended a “hold,” while none of the analysts recommended a “sell” or some equivalent. Analysts’ consensus target price for DHT Holdings is $5.45 as of December 19. Currently, DHT Holdings is trading at $3.56, which implies a 53.1% return in the next 12 months at the current price.

Tsakos Energy Navigation

Tsakos Energy Navigation (TNP) was the fifth-best performing stock in 2017 among its peers. About 73% of the Wall Street analysts tracking Tsakos Energy Navigation stock recommended a “buy” or some equivalent as of December 19, 2017. Approximately 27% recommended a “hold,” while none of the analysts recommended a “sell” or some equivalent. Analysts’ consensus target price for Tsakos Energy Navigation is $5.61 as of December 19. Currently, Tsakos Energy Navigation is trading at $3.97, which implies a 41% return in the next 12 months at the current price.

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