Wednesday, July 22, 2015 1:51:36 PM
Aegean Marine Petrol (NYSE:ANW) New Coverage by Sidoti
http://www.octafinance.com/how-will-aegean-marine-petrol-nyseanw-stock-react-to-sidoti-new-rating-coverage/
Sidoti has begun coverage on shares of Aegean Marine Petrol (NYSE:ANW) in analysts note sent to investors and clients on 21 July. The firm issued Buy rating on ANW stock.
The initiation is well received by equity trades, as NYSE:ANW is currently trading 1.61% higher at $11.96 as of 14:36 New York time. Aegean Marine Petrol’s stock is up 30.96% over the past 200 days. It has outperformed the S&P 500 Index, which has risen 9.36% over the same time.
Out of 5 brokers covering Aegean Marine Petrol, 4 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $20 and the lowest is $15 according to Thomson/First Call. The 12-month mean target is $17.4, which means upside potential of 45.48% over the current price.
Aegean Marine Petroleum Network Inc., together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. The company offers fueling services to ocean going and a range of coastal vessels, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, and ferries, as well as to marine fuel traders, brokers, and other end-users of marine fuel and lubricants. It also markets and distributes marine lubricants under the Alfa Marine Lubricants brand name; and provides a range of shipping services, such as technical support and maintenance, insurance arrangement and handling, financial administration, and accounting services. The company serves customers in Canada, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, Belgium, the Netherlands, the United Kingdom, Northern Europe, Greece, Spain, the United Arab Emirates, Singapore, Morocco, the Antwerp-Rotterdam-Amsterdam region, the Canary Islands, Cape Verde, Panama, Hong Kong, Barcelona, Algeciras, and the ports in the U.S. East Coast. As of December 31, 2014, it owned and operated a fleet of 49 bunkering vessels, which included 48 double-hull vessels, as well as chartered 13 bunkering vessels comprising 11 double hull vessels with an aggregate carrying capacity of approximately 324,000 deadweight ton (dwt); and operated 14 land-based storage facilities with an aggregate storage capacity of approximately 1,211,000 cubic meters; and used 1 vessel as floating storage facility with a total cargo carrying capacity of approximately 19,900 dwt. Aegean Marine Petroleum Network Inc. was founded in 1995 and is headquartered in Athens, Greece.
ANW
http://www.octafinance.com/how-will-aegean-marine-petrol-nyseanw-stock-react-to-sidoti-new-rating-coverage/
Sidoti has begun coverage on shares of Aegean Marine Petrol (NYSE:ANW) in analysts note sent to investors and clients on 21 July. The firm issued Buy rating on ANW stock.
The initiation is well received by equity trades, as NYSE:ANW is currently trading 1.61% higher at $11.96 as of 14:36 New York time. Aegean Marine Petrol’s stock is up 30.96% over the past 200 days. It has outperformed the S&P 500 Index, which has risen 9.36% over the same time.
Out of 5 brokers covering Aegean Marine Petrol, 4 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $20 and the lowest is $15 according to Thomson/First Call. The 12-month mean target is $17.4, which means upside potential of 45.48% over the current price.
Aegean Marine Petroleum Network Inc., together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. The company offers fueling services to ocean going and a range of coastal vessels, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, and ferries, as well as to marine fuel traders, brokers, and other end-users of marine fuel and lubricants. It also markets and distributes marine lubricants under the Alfa Marine Lubricants brand name; and provides a range of shipping services, such as technical support and maintenance, insurance arrangement and handling, financial administration, and accounting services. The company serves customers in Canada, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, Belgium, the Netherlands, the United Kingdom, Northern Europe, Greece, Spain, the United Arab Emirates, Singapore, Morocco, the Antwerp-Rotterdam-Amsterdam region, the Canary Islands, Cape Verde, Panama, Hong Kong, Barcelona, Algeciras, and the ports in the U.S. East Coast. As of December 31, 2014, it owned and operated a fleet of 49 bunkering vessels, which included 48 double-hull vessels, as well as chartered 13 bunkering vessels comprising 11 double hull vessels with an aggregate carrying capacity of approximately 324,000 deadweight ton (dwt); and operated 14 land-based storage facilities with an aggregate storage capacity of approximately 1,211,000 cubic meters; and used 1 vessel as floating storage facility with a total cargo carrying capacity of approximately 19,900 dwt. Aegean Marine Petroleum Network Inc. was founded in 1995 and is headquartered in Athens, Greece.
ANW
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