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Noble Financial analyst Poe Fratt assigned a Buy rating to Pyxis Tankers Inc (NASDAQ: PXS) yesterday and set a price target of $2. The company’s shares closed yesterday at $1.10, close to its 52-week low of $0.90.
According to TipRanks.com, Fratt is ranked #1193 out of 4801 analysts.
Currently, the analyst consensus on Pyxis Tankers Inc is Moderate Buy and the average price target is $3, representing a 172.7% upside.
In a report issued on May 15, Maxim Group also maintained a Buy rating on the stock with a $3 price target.
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The company has a one-year high of $12.22 and a one-year low of $0.90. Currently, Pyxis Tankers Inc has an average volume of 105K.
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Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil.
