Maxim Group Maintains Their Hold Rating on Seanergy Maritime (SHIP)


Maxim Group analyst Tate Sullivan maintained a Hold rating on Seanergy Maritime (SHIP) yesterday. The company’s shares closed last Thursday at $1.06, close to its 52-week low of $0.39.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 24.1% and a 53.0% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Capstone Turbine.

Currently, the analyst consensus on Seanergy Maritime is a Moderate Buy with an average price target of $1.50, a 38.9% upside from current levels. In a report issued on March 19, Noble Financial also maintained a Hold rating on the stock.

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The company has a one-year high of $5.84 and a one-year low of $0.39. Currently, Seanergy Maritime has an average volume of 21.16M.

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Seanergy Maritime Holdings Corp. is a shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on owning and management of fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.

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