Navigator Holdings upgraded as Clarksons sees ‘significant discount’ to NAV after share slump

Navigator Holdings has upgraded to “buy” by Clarksons Securities on the strength of its financial performance.

Last week, the New York-listed gas carrier owner reported another record quarter, benefiting from improved time-charter earnings and higher fleet utilisation.

“Despite its strong performance, Navigator trades significantly below its NAV [net asset value] assessed at $25.50/share,”