Seanergy Maritime (SHIP) Given Consensus Recommendation of “Strong Buy” by Analysts
Shares of Seanergy Maritime (NASDAQ:SHIP) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus price objective of $2.00 for the company, according to Zacks. Zacks has also assigned Seanergy Maritime an industry rank of 193 out of 255 based on the ratings given to related companies.
Separately, Maxim Group restated a “buy” rating and set a $3.00 price target on shares of Seanergy Maritime in a report on Tuesday, July 3rd.
Seanergy Maritime (NASDAQ:SHIP) last released its quarterly earnings results on Friday, August 10th. The shipping company reported ($0.24) earnings per share for the quarter. Seanergy Maritime had a negative return on equity of 16.04% and a negative net margin of 7.33%. The firm had revenue of $16.82 million for the quarter.
About Seanergy Maritime
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of March 9, 2018, it owned a fleet of 11 dry bulk carriers consisting of 9 Capesizes and 2 Supramaxes with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tons and an average fleet age of 8.9 years.
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