Maxim Group Remains a Buy on StealthGas (GASS)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on StealthGas (GASSResearch Report), with a price target of $7.00. The company’s shares closed yesterday at $3.13.

Sullivan covers the Industrial Goods sector, focusing on stocks such as Euroseas, StealthGas, and NeoVolta. According to TipRanks, Sullivan has an average return of 14.6% and a 41.28% success rate on recommended stocks.

Currently, the analyst consensus on StealthGas is a Moderate Buy with an average price target of $7.00.

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The company has a one-year high of $4.18 and a one-year low of $1.91. Currently, StealthGas has an average volume of 291.7K.

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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.

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