Jefferies Reiterates a Buy Rating on StealthGas

By Jason Carr

In a report released yesterday, Douglas Mavrinac from Jefferies reiterated a Buy rating on StealthGas (NASDAQ: GASS), with a price target of $7. The company’s shares opened today at $3.58.

According to TipRanks.com, Mavrinac is a 4-star analyst with an average return of 3.4% and a 48.6% success rate. Mavrinac covers the Services sector, focusing on stocks such as Navios Maritime Partners Lp, Ship Finance International, and Golden Ocean Group Limited.

StealthGas has an analyst consensus of Hold.

The company has a one year high of $5.18 and a one year low of $2.39. Currently, StealthGas has an average volume of 36.75K.

StealthGas, Inc. engages in the provision of international energy seaborne transportation services to liquefied petroleum gas sectors. Its owns fleet of vessels that carry petroleum and petrochemical gas products in liquefied form such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer. The company was founded in December 2004 and is headquartered in Athens, Greece.