Jefferies Group, ” buy” για τη μετοχή της Paragon Shipping

27.02.2014

Αναλυτές του Ομίλου Jefferies σύμφωνα με την ετήσια έκθεση τους που δημοσιεύθηκε τη Δευτέρα, ανέλαβε την κάλυψη επί των μετοχών της Paragon Shipping, βαθμολογώντας τη μετοχή της Paragon ” buy”.

Paragon Shipping Coverage Initiated by Analysts at Jefferies Group


Research analysts at Jefferies Group assumed coverage on shares of Paragon Shipping in a report released on Monday, TheFlyOnTheWall reports. The firm set a “buy” rating on the stock.

Paragon Shipping (NASDAQ:PRGN) opened at 6.47 on Monday. Paragon Shipping has a 52-week low of $2.65 and a 52-week high of $9.40. The stock has a 50-day moving average of $6.89 and a 200-day moving average of $6.13. The company’s market cap is $112.8 million.


A number of other firms have also recently commented on PRGN. Analysts at Zacks upgraded shares of Paragon Shipping from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 8th. They now have a $8.20 price target on the stock. Separately, analysts at Clarkson Capital upgraded shares of Paragon Shipping to an “outperform” rating in a research note on Tuesday, December 10th. Finally, analysts at Global Hunter Securities upgraded shares of Paragon Shipping from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 10th. They now have a $10.00 price target on the stock, down previously from $10.75. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $9.10.


Paragon Shipping Inc is a global provider of drybulk shipping services. It is a provider of international seaborne transportation services, carrying various drybulk cargoes, including iron ore, coal, grain, bauxite, phosphate and fertilizers.


Source: TheFlyOnTheWall


Paragon Shipping (NASDAQ:PRGN) opened at 6.47 on Monday. Paragon Shipping has a 52-week low of $2.65 and a 52-week high of $9.40. The stock has a 50-day moving average of $6.89 and a 200-day moving average of $6.13. The company’s market cap is $112.8 million.


A number of other firms have also recently commented on PRGN. Analysts at Zacks upgraded shares of Paragon Shipping from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 8th. They now have a $8.20 price target on the stock. Separately, analysts at Clarkson Capital upgraded shares of Paragon Shipping to an “outperform” rating in a research note on Tuesday, December 10th. Finally, analysts at Global Hunter Securities upgraded shares of Paragon Shipping from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 10th. They now have a $10.00 price target on the stock, down previously from $10.75. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $9.10.


Paragon Shipping Inc is a global provider of drybulk shipping services. It is a provider of international seaborne transportation services, carrying various drybulk cargoes, including iron ore, coal, grain, bauxite, phosphate and fertilizers.


Source: TheFlyOnTheWall

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