Maxim Group analyst Tate Sullivan maintained a Buy rating on Top Ships (TOPS) today and set a price target of $0.50. The company’s shares closed last Tuesday at $0.28, close to its 52-week low of $0.08.
According to TipRanks.com, Sullivan is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -18.6% and a 26.7% success rate. Sullivan covers the Basic Materials sector, focusing on stocks such as Natural Gas Services Group, Recon Technology, and Mistras Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Top Ships with a $1.50 average price target.
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The company has a one-year high of $15.42 and a one-year low of $0.08. Currently, Top Ships has an average volume of 26.24M.
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Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.
