In a report issued on November 16, Poe Fratt from Noble Financial maintained a Buy rating on EuroDry Ltd (EDRY). The company’s shares closed on Friday at $11.
Fratt has an average return of 33.0% when recommending EuroDry Ltd.
According to TipRanks.com, Fratt is ranked #1567 out of 4897 analysts.
EuroDry Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $13, representing a 18.2% upside. In a report issued on November 16, Maxim Group also maintained a Buy rating on the stock with a $13 price target.
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The company has a one-year high of $14.50 and a one-year low of $0. Currently, EuroDry Ltd has an average volume of 60.51K.
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Eurodry Ltd. engages in the provision of ocean-going transportation services. It owns and operates drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks , which includes bauxite, phosphate, and fertilizers. The company was founded on January 8, 2018 and is headquartered in Athens, Greece.
