In a report released yesterday, Poe Fratt from Noble Financial reiterated a Buy rating on Pangaea Logistics Solutions Ltd. (NASDAQ: PANL), with a price target of $5.50. The company’s shares closed yesterday at $3.15, close to its 52-week low of $2.13.
Fratt has an average return of 2.5% when recommending Pangaea Logistics Solutions Ltd..
According to TipRanks.com, Fratt is ranked #1744 out of 4861 analysts.
Pangaea Logistics Solutions Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.
See today’s analyst top recommended stocks >>
The company has a one-year high of $8.40 and a one-year low of $2.13. Currently, Pangaea Logistics Solutions Ltd. has an average volume of 11.98K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pangaea Logistics Solutions Ltd. engages in the provision of seaborne drybulk transportation services. It provides logistics services for dry bulk cargoes including grains, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone.
