Brokerages Set $3.25 Target Price for Pyxis Tankers Inc (PXS)
Shares of Pyxis Tankers Inc (NASDAQ:PXS) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus target price of $3.25 for the company, according to Zacks. Zacks has also given Pyxis Tankers an industry rank of 230 out of 265 based on the ratings given to related companies.
Several brokerages have weighed in on PXS. Maxim Group upgraded shares of Pyxis Tankers from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research note on Monday. They noted that the move was a valuation call. ValuEngine upgraded shares of Pyxis Tankers from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
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Pyxis Tankers Company Profile
Pyxis Tankers Inc is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.
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