In a report released today, Poe Fratt from Noble Financial maintained a Buy rating on Pyxis Tankers (PXS), with a price target of $1.75. The company’s shares closed last Monday at $1.08.
According to TipRanks.com, Fratt is a 5-star analyst with an average return of 32.4% and a 54.4% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Energy Services of America, Great Lakes Dredge & Dock, and Orion Group Holdings.
Currently, the analyst consensus on Pyxis Tankers is a Moderate Buy with an average price target of $1.75.
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The company has a one-year high of $1.37 and a one-year low of $0.62. Currently, Pyxis Tankers has an average volume of 866.2K.
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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. The company was founded by Valentios Valentis on March 23, 2015 and is headquartered in Athens, Greece.
