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

Rating:
Buy ANW
up 28.57 %

Aegean Marine Petroleum Network Inc. (ANW) upgraded to Buy with price target $9 by Dahlman Rose

Posted on: Thursday,  Nov 10, 2011  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Aegean Marine Petroleum Network Inc. (NYSE: ANW) on 11/10/2011, when the stock price was $5.95.
Since then, Aegean Marine Petroleum Network Inc. has gained 28.57% as of 01/13/2016's recent price of $7.65.
If you would have followed this Dahlman Rose's recommendation on ANW, you would have gained 28.57% of your investment in 1525 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.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2011 8:25 AM Buy
None
5.95 9.00
as of 12/30/2011
1 Week down  -4.67 %
1 Month down  -9.53 %
3 Months down  -31.42 %
1 YTD down  -45.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2011 8:25 AM Hold
None
8.95
2/3/2011 8:25 AM Buy
None
8.68 13.00
11/12/2009 10:25 AM Buy
None
26.41 29.00
8/13/2009 9:25 AM Buy
None
20.36 27.00
2/26/2009 9:25 AM Buy
None
18.16 22.00

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