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

Rating:
Buy ANW
down 16.93 %

Aegean Marine Petroleum Network Inc. (ANW) rated Buy with price target $14 by Stifel

Posted on: Thursday,  Jul 18, 2013  8:25 AM ET by Stifel

Stifel rated Buy Aegean Marine Petroleum Network Inc. (NYSE: ANW) on 07/18/2013, when the stock price was $9.21.
Since then, Aegean Marine Petroleum Network Inc. has lost 16.94% as of 01/13/2016's recent price of $7.65.
If you would have followed this Stifel's recommendation on ANW, you would have lost 16.93% of your investment in 909 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2014 8:25 AM Buy
None
12.77 16.00
as of 12/13/2013
1 Week down  -2.14 %
1 Month down  -3.23 %
3 Months up  7.82 %
1 YTD up  13.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2013 8:25 AM Buy
None
9.21 14.00

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