Zacks Investment Research upgraded Costamare Inc (NYSE:CMRE) to Hold in a statement released earlier today.
- Updated: November 29, 2016
Having a price of $6.65, Costamare Inc (NYSE:CMRE) traded -6.60% lower on the day. With the last close down -22.12% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. CMRE has recorded a 50-day average of $7.05 and a two hundred day average of $8.54. Trade Volume was up over the average, with 526,629 shares of CMRE changing hands over the typical 347,106
Zacks Investment Research has upgraded Costamare Inc (NYSE:CMRE) to Hold in a statement released on 11/29/2016.
On 1/29/2016, JP Morgan released a statement on Costamare Inc (NYSE:CMRE) dropped the target price from $11.00 to $10.00 that suggested an upside of 0.36%.
Recent Performance Chart
Costamare Inc has PE ratio of 4.58 with a one year low of $6.01 and a one year high of $12.27 and has a market capitalization of $0.
A total of 5 analysts have released a report on Costamare Inc. zero analysts rating the company a strong buy, two analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.80.
General Company Details For Costamare Inc (NYSE:CMRE)
Costamare Inc. (Costamare) is an international owner of containerships. The Company provides marine transportation services by chartering its container vessels to liner operators under long, medium and short-term time charters. The Company has a fleet of approximately 70 containerships with a total capacity of over 467,000 20-foot equivalent unit (TEU), including approximately 10 newbuilds on order. The Company's fleet of vessels includes COSCO GUANGZHOU, COSCO NINGBO, COSCO YANTIAN, VANTAGE, VALOR, VALIANT and MAERSK KOBE, among others. The Company has approximately 90 subsidiaries.
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