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AMERICAN LORAIN CORP (ALN) [hlAlert]

Rating:
Buy ALN
down 50.66 %

AMERICAN LORAIN CORP (ALN) rated Buy with price target $5.50 by Ladenburg Thalmann

Posted on: Monday,  Jun 14, 2010  9:25 AM ET by Ladenburg Thalmann

Ladenburg Thalmann rated Buy AMERICAN LORAIN CORP (AMEX: ALN) on 06/14/2010, when the stock price was $3.02. Since
then, AMERICAN LORAIN CORP has lost 50.66% as of 08/27/2015's recent price of $1.49.
If you would have followed this Ladenburg Thalmann's recommendation on ALN, you would have lost 50.66% of your investment in 1900 days.

American Lorain Corporation (ALC) is an integrated food manufacturing company. The Company conducts its production activities in China. The Company develops, manufactures, and sells chestnut products, convenience foods, and frozen, canned and bulk food (FCB food). ALC operates through its indirect Chinese subsidiaries, Shandong Lorain Co., Ltd., Luotian Lorain Co., Ltd., Junan Hongrun Foodstuff Co., Ltd., and Beijing Lorain Co., Ltd. The Company?s food products are categorized into three types: chestnut products, convenience foods, and FCB food. Its production activities are in China, and it derives its revenue from sales in China, Japan, and Korea. ALC?s products are sold in 26 provinces and administrative regions in China, and 43 foreign countries.

Our Research Department takes a fresh, critical approach to analyzing primary sources and developing proprietary research. Many individuals, institutions, portfolio managers and hedge fund managers, on all levels, have been neglected by brokerage firms ignoring the demands for unbiased research. Ladenburg Thalmann provides a superior branded in-depth research product geared only to action-oriented investment ideas. Ladenburg Thalmann’s proprietary equity research tries to uncover crucial information before the rest of the Street. Our analysts concentrate on uncovered and under-covered stocks and have a small to mid-cap focus. We will not shy away from large cap names as long as we can bring value to our clients through timely, differentiated ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2010 9:25 AM Buy
None
3.02 5.50
as of 12/31/2010
1 Week up  0.77 %
1 Month down  -3.69 %
3 Months down  -4.04 %
1 YTD down  -13.57 %

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