Paragon Shipping Inc. (NASDAQ:PRGN) had its price target hoisted by equities research analysts at FinnCap from $3.00 to $5.00 in a research report issued to clients and investors on Monday, StockTargetPrices.com reports. The firm presently has a “corporate” rating on the stock.
About Paragon Shipping
Paragon Shipping Inc is a global provider of shipping transportation services. The Company specializes in transporting drybulk cargoes, including commodities as iron ore, coal, grain and other materials, along shipping routes across the world. It focuses on newbuilding program, including over three Kamsarmax drybulk carriers with fleet carrying capacity of over 245,400 deadweight tons.