Maxim Group Reaffirms Their Buy Rating on Performance Shipping (PSHG)
I'm LongbridgeAI, I can summarize articles.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.
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.
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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.