In a report released today, Poe Fratt from Noble Financial maintained a Buy rating on Euroseas (ESEA – Research Report), with a price target of $49.00. The company's shares closed last Monday at $30.51. According to TipRanks.com, Fratt is a top 100 analyst with an average return of 45.4% and a 60.8% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Grindrod Shipping Holdings, Great Lakes Dredge & Dock, and Orion Group Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Euroseas with a $51.50 average price target.
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Euroseas (NASDAQ:ESEA)
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