.jpg "TransMontaigne (NYSE: TLP)")
In a report released today, Robert Balsamo from B.Riley FBR maintained a Hold rating on TransMontaigne (NYSE: TLP), with a price target of $44. The company’s shares closed on Friday at $39.52.
According to TipRanks.com, Balsamo has 0 stars on 0-5 star ranking scale with an average return of -7.0% and a 48.3% success rate. Balsamo covers the Basic Materials sector, focusing on stocks such as NuStar GP Holdings, Sprague Resources, and Nustar Energy LP.
TransMontaigne has an analyst consensus of Moderate Buy, with a price target consensus of $43.
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TransMontaigne’s market cap is currently $640.2M and has a P/E ratio of 18.82. The company has a Price to Book ratio of 2.08.
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TransMontaigne Partners LP engages in the provision of integrated terminaling, storage, transportation, and related services. Its clients include companies engaged in the distribution and marketing of light and heavy refined petroleum products, crude oil, chemicals, fertilizers, and other liquid products.
