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Enter Symbol:
 
Global Traffic Network, Inc. (GNET) [hlAlert]

Rating:
Neutral GNET
up 290.50 %

Global Traffic Network, Inc. (GNET) downgraded to Neutral by Collins Stewart

Posted on: Wednesday,  Sep 14, 2011  8:25 AM ET by Collins Stewart

Collins Stewart rated Neutral Global Traffic Network, Inc. (NASDAQ: GNET) on 09/14/2011. Previously Collins Stewart rated Buy Global Traffic Network, Inc. (NASDAQ: GNET)
on 05/12/2009., when the stock price was $3.58. Since then, Global Traffic Network, Inc. has gained 290.50% as of 09/14/2011's recent price of $13.98.
If you would have followed the previous Collins Stewart's recommendation on GNET, you would have gained 290.5% of your investment in 855 days.

Global Traffic Network is a leading provider of custom traffic and news reports to radio and television stations outside the U.S. The Company is a Delaware corporation that, through its two wholly-owned operating subsidiaries, provides customized traffic and news reports to affiliated radio and television stations, in exchange for commercial airtime inventory. The Company operates the largest traffic and news network in Australia, and is quickly ramping operations in Canada. In exchange for providing custom traffic and news reports, television and radio stations provide Global Traffic Network with commercial airtime inventory that the Company sells to advertisers. As a result, radio and television stations incur no out-of -pocket costs when contracting to use Global Traffic Network's services.

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Questâ„¢ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2011 8:25 AM Hold
None
13.98
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  50.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2009 11:25 AM Buy
None
3.58 8.00

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