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Nordic American Tanker Shipping (NAT) [hlAlert]

Rating:
Buy NAT
up 18.65 %

Nordic American Tanker Shipping (NAT) upgraded to Buy with price target $12 by Global Hunter Securities

Posted on: Wednesday,  Apr 17, 2013  10:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Nordic American Tanker Shipping (NYSE: NAT) on 04/17/2013. Previously Global Hunter Securities rated Reduce Nordic American Tanker Shipping (NYSE:
NAT) on 09/13/2012., when the stock price was $10.75. Since then, Nordic American Tanker Shipping has lost 15.72% as of 04/17/2013's recent price of $9.06.
If you would have followed the previous Global Hunter Securities's recommendation on NAT, you would have gained 18.65% of your investment in 216 days.

Nordic American Tanker Shipping Limited is an international tanker company that owns double-hull Suezmax tankers averaging approximately 155,000 deadweight tons (dwt) each. It owns and operates crude oil tankers. As of December 31, 2008, the Company owned 15 double hull Suezmax tankers, including one vessel delivered in February 2009 and two new buildings. The Company?s fleet includes Gulf Scandic, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Freedom, Nordic Fighter, Nordic Discovery, Nordic Sprite, Nordic Saturn, Nordic Jupiter, Nordic Cosmos, Nordic Moon, Nordic Apollo, Nordic Galaxy and Nordic Vega.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 10:25 AM Buy
None
9.06 12.00
as of 12/13/2013
1 Week up  3.11 %
1 Month down  -6.76 %
3 Months up  3.63 %
1 YTD down  -12.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 9:25 AM Sell
None
10.75 9.00

(*) Stock Price at the time of the recommendation.
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