Clarkson Capital upgraded shares of Aegean Marine Petroleum Network from a "neutral" rating to a "buy" rating and set a $6.00 target price for the company in a research report on Friday, August 11th. (NYSE:ANW) traded up 0.96% on Wednesday, hitting $10.55.
According to Zacks, "AEGEAN MARINE PETROLEUM is a marine fuel logistics company that physically supplies and markets refined marine fuel and lubricants to ships in port and at sea".
ANW has been the subject of a number of other reports.
Spark Investment Management LLC cut its position in shares of Aegean Marine Petroleum Network Inc. Stifel Nicolaus reiterated a buy rating and set a $9.00 target price on shares of Aegean Marine Petroleum Network in a report on Friday, July 21st.
As the earnings date approaches, we can see that insider ownership is now 43.20% shares, and institutional ownership is at 80.30% for Aegean Marine Petroleum Network Inc. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. Nomura Holdings Inc. bought a new stake in Aegean Marine Petroleum Network during the second quarter valued at approximately $144,000. (ANW) opened at $3.60 on Tuesday. The company has a current ratio of 1.85, a quick ratio of 1.43 and a debt-to-equity ratio of 0.84. Aegean Marine Petroleum Network has a 1 year low of $3.26 and a 1 year high of $13.10. The firm has a market capitalization of $415.70 million, a P/E ratio of 11.41 and a beta of 2.93. Aegean Marine Petroleum Network earned a media sentiment score of 0.02 on Accern's scale. If you are viewing this article on another website, it was stolen and republished in violation of USA & worldwide copyright and trademark laws.
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A number of hedge funds have recently added to or reduced their stakes in the stock.
An institutional investor recently raised its position in Aegean Marine Petroleum Network stock.
Heading into the earnings release, covering analysts have a consensus target price of $7.38 on Aegean Marine Petroleum Network Inc. shares. Ameriprise Financial Inc. now owns 2,876,743 shares of the oil and gas company's stock worth $14,239,000 after buying an additional 208,551 shares in the last quarter. Schneider Capital Management Corp raised its stake in Aegean Marine Petroleum Network by 4.1% in the second quarter. For the last period, the company reported quarter over quarter EPS growth of -84.50% and quarter over quarter sales growth of 45.90%. Franklin Resources Inc. raised its stake in Aegean Marine Petroleum Network by 77.8% in the second quarter. Looking back over the last month, shares have performed -18.18%. Finally, Global X Management Co. Announces Board and Senior Leadership ..." on June 16, 2017, also Prnewswire.com with their article: "Aegean Marine Petroleum Network Inc.