Zacks Rating on Tsakos Energy Navigation Ltd (TNP)

Tsakos Energy Navigation Ltd (TNP) has an average broker rating of 1.36, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

Tsakos Energy Navigation Ltd (TNP) : The most positive equity analysts on Tsakos Energy Navigation Ltd (TNP) expects the shares to touch $13, whereas, the least positive believes that the stock will trade at $6 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $8.75 with an expected fluctuation of $2.6 from the mean.


Shares of Tsakos Energy Navigation Limited appreciated by 3.01% during the last five trading days but lost 0.54% on a 4-week basis. Tsakos Energy Navigation Limited has dropped 11.8% during the last 3-month period . Year-to-Date the stock performance stands at -33.2%. Tsakos Energy Navigation Ltd (NYSE:TNP): stock turned positive on Tuesday. Though the stock opened at $5.05, the bulls momentum made the stock top out at $5.16 level for the day. The stock recorded a low of $5.04 and closed the trading day at $5.14, in the green by 1.78%. The total traded volume for the day was 263,741. The stock had closed at $5.05 in the previous days trading.

Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. As of April 8, 2015, the Company operated a fleet of 47 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. The Companys fleet also includes one liquefied natural gas (LNG) carrier and two shuttle suezmax tankers with dynamic positioning technology (DP2), as well as VLCC, aframax, panamax, handysize, handymax tankers, and the two DP2 shuttle tankers. Its fleet is managed by Tsakos Energy Management Limited (Tsakos Energy Management). Tsakos Energy Management provides the Company with advisory, financial, accounting and administrative services. Its tanker fleets technical management, including crewing, maintenance and repair, and voyage operations, is subcontracted to Tsakos Columbia Shipmanagement (TCM).

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.