Pyxis Tankers Inc (PXS) Receives a Buy from Noble Financial


Noble Financial analyst Poe Fratt reiterated a Buy rating on Pyxis Tankers Inc (NASDAQ: PXS) yesterday and set a price target of $2. The company’s shares closed yesterday at $2.07, close to its 52-week low of $0.74.

Fratt has an average return of 109.9% when recommending Pyxis Tankers Inc.

According to TipRanks.com, Fratt is ranked #588 out of 4873 analysts.

Pyxis Tankers Inc has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.

See today’s analyst top recommended stocks >>

Based on Pyxis Tankers Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $1.26 million. In comparison, last year the company had a GAAP net loss of $1.32 million.

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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts