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Aegean Marine Petroleum Network Inc. (ANW) [hlAlert]

Rating:
Buy ANW
up 30.10 %

Aegean Marine Petroleum Network Inc. (ANW) rated Buy with price target $11 by Global Hunter Securities

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

Global Hunter Securities rated Buy Aegean Marine Petroleum Network Inc. (NYSE: ANW) on 04/17/2013, when the stock price was $5.88.
Since then, Aegean Marine Petroleum Network Inc. has gained 30.10% as of 01/13/2016's recent price of $7.65.
If you would have followed this Global Hunter Securities's recommendation on ANW, you would have gained 30.1% of your investment in 1001 days.

Aegean Marine Petroleum Network, Inc. (Aegean) is a holding company. Through its subsidiaries, the Company operates as an independent physical supplier and marketer of refined marine fuel and lubricants. The Company procures marine fuel from refineries, oil producers, and resells to a diversified customer base, representing all segments of the shipping industry, including tankers, container ships, drybulk carriers, cruise ships, reefers, liquefied natural gas (LNG)/liquefied petroleum gas (LPG), car carriers, ferries, and marine fuel traders and brokers. The Company serves Greece, Gibraltar, the United Arab Emirates, Jamaica, Singapore, Northern Europe, Portland, West Africa, Vancouver, Montreal and Mexico. As of March 31, 2009, it owned a fleet of 33 bunkering vessels, 28 of which are double hull. On July 1, 2008, Aegean acquired ICS Petroleum Ltd., a Canada-based marketer and supplier of marine petroleum products in Vancouver, Montreal and Mexico.

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
5.88 11.00
as of 12/13/2013
1 Week down  -2.14 %
1 Month down  -3.23 %
3 Months up  7.82 %
1 YTD up  78.06 %

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