10:35 AM EDT, 09/25/2025 (MT Newswires) -- Navigator (NVGS) will likely see support from increased demand for the transportation of liquefied petroleum gas commodities and products, Deutsche Bank said in a note Thursday.

The brokerage pointed to start-ups and expansions of LPG export terminals in the US Gulf Coast and increased exports from the Middle East as key drivers of demand.

The scenario will likely support solid and less-volatile LPG carrier rates, the investment firm said, adding that this will allow Navigator to increase quarterly dividends, launch opportunistic share buybacks, and keep investing in its fleet.

Deutsche started coverage of Navigator with a buy rating and a 12-month price target of $24 per share.

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