--- title: "Maxim Group Reaffirms Their Buy Rating on Performance Shipping (PSHG)" type: "News" locale: "en" url: "https://longbridge.com/en/news/294582287.md" description: "Maxim Group analyst Tate Sullivan reaffirmed a Buy rating on Performance Shipping (PSHG). The stock closed at $1.74. Sullivan, a 3-star analyst covering the Industrials sector, maintains this view. Meanwhile, the broader market consensus for PSHG is a Moderate Buy with an average price target of $6.50." datetime: "2026-08-01T11:35:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294582287.md) - [en](https://longbridge.com/en/news/294582287.md) - [zh-HK](https://longbridge.com/zh-HK/news/294582287.md) generator: "portal-rs" --- # Maxim Group Reaffirms Their Buy Rating on Performance Shipping (PSHG) In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Performance Shipping. The company’s shares closed yesterday at $1.74. ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks According to TipRanks, Sullivan is a 3-star analyst with an average return of 2.8% and a 43.86% success rate. Sullivan covers the Industrials sector, focusing on stocks such as United Maritime Corp., NeoVolta, and Seanergy Maritime. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Performance Shipping with a $6.50 average price target. ### Related Stocks - [PSHG.US](https://longbridge.com/en/quote/PSHG.US.md) - [USEA.US](https://longbridge.com/en/quote/USEA.US.md) - [NEOV.US](https://longbridge.com/en/quote/NEOV.US.md) - [SHIP.US](https://longbridge.com/en/quote/SHIP.US.md) - [NEOVW.US](https://longbridge.com/en/quote/NEOVW.US.md) ## Related News & Research - [Lockheed Martin Stock: Is LMT Outperforming the Industrial Sector?](https://longbridge.com/en/news/297787955.md) - [Morgan Stanley lifts Teleperformance stake above 5% threshold to 5.09%](https://longbridge.com/en/news/298054921.md) - [Morgan Stanley raises Teleperformance stake to 5.17% of capital, 5.04% of voting rights](https://longbridge.com/en/news/297668225.md) - [Helen of Troy director Marlo Michelle Cormier Platz files initial beneficial ownership statement](https://longbridge.com/en/news/297833532.md) - [Zillow director Claire Cormier Thielke sells 1,187 common shares for $42,390.77](https://longbridge.com/en/news/298077155.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**