Noble Financial analyst Poe Fratt maintained a Buy rating on Pangaea Logistics Solutions (PANL) yesterday and set a price target of $5.50. The company’s shares closed yesterday at $3.49.
Fratt has an average return of 6.6% when recommending Pangaea Logistics Solutions.
According to TipRanks.com, Fratt is ranked #2829 out of 5185 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pangaea Logistics Solutions with a $5.50 average price target.
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The company has a one-year high of $3.90 and a one-year low of $2.78. Currently, Pangaea Logistics Solutions has an average volume of 29.47K.
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Pangaea Logistics Solutions Ltd. engages in the provision of seaborne drybulk logistics and transportation services. It operates a fleet of Supramax, Panamax, and Handymax vessels. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura on April 29, 2014 and is headquartered in Newport, RI.
