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Tsakos Energy Navigation Ltd (TNP) [hlAlert]

Rating:
Buy TNP
up 16.10 %

Tsakos Energy Navigation Ltd (TNP) rated Buy with price target $12 by Maxim Group

Posted on: Thursday,  Jan 9, 2014  11:25 AM ET by Maxim Group

Maxim Group rated Buy Tsakos Energy Navigation Ltd (NYSE: TNP) on 01/09/2014, when the stock price was $6.52.
Since then, Tsakos Energy Navigation Ltd has gained 16.10% as of 01/15/2016's recent price of $7.57.
If you would have followed this Maxim Group's recommendation on TNP, you would have gained 16.1% of your investment in 736 days.

Tsakos Energy Navigation Limited (Tsakos Energy Navigation) is a provider of international seaborne crude oil and petroleum product transportation services. The Company also transports liquefied natural gas (LNG). Tsakos Energy Navigation owns a fleet of tankers providing worldwide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. As of March 31, 2009, the Company operated a fleet of 46 double-hull tankers providing worldwide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters and one LNG carrier. The Company?s fleet consists of three very large crude carriers (VLCCs), 10 suezmaxes, 11 aframaxes, seven panamaxes, six handymaxes, eight handysizes and one LNG carrier. All vessels are owned by the Company?s subsidiaries.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2014 11:25 AM Buy
None
6.52 12.00
as of 10/17/2014
1 Week up  13.34 %
1 Month down  -16.25 %
3 Months down  -11.45 %
1 YTD down  -7.51 %

(*) Stock Price at the time of the recommendation.
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