Equities research analysts at Imperial Capital cut their target price on shares of Alpha Natural Resources (NYSE:ANR) from $2.25 to $1.50 in a research note issued to investors on Friday. The firm currently has a “line” rating on the stock. Imperial Capital’s price objective indicates a potential upside of 18.11% from the stock’s previous close. On Thursday shares of Alpha Natural Resources, Inc. (NYSE:ANR) closed at $1.30. Company’s sales growth for last 5 years was 11.40% and EPS growth for next 5 years is recorded as 5.00%.
Evolution Petroleum Corporation (NYSE MKT: EPM) signed an authorization for expenditure for construction of a natural gas liquids (“NGL”) recovery plant in the Delhi Field, which will extract both NGL and methane from the field. Evolution Petroleum Corp. (NYSEMKT:EPM) in last trading activity advanced 6.80% to close at $6.75. Company weekly performance is 1.05% while its quarterly performance stands at -19.93%. Evolution Petroleum Corp. (NYSEMKT:EPM) is -47.01% away from its 52 week high.
Genesee & Wyoming Inc. (NYSE:GWR) has entered into an agreement to acquire Freightliner Group from Arcapita, who have been majority shareholders since 2008.On last trading day Genesee & Wyoming Inc. (NYSE:GWR) advanced 2.11% to close at $101.93. Its volatility for the week is 1.90% while volatility for the month is 2.27%. GWR’s sales growth for past 5 years was 24.60% and its EPS growth for past 5 years was 24.40%. Genesee & Wyoming Inc. (NYSE:GWR) monthly performance is 19.64%.
On 18 February, Covance Inc. (NYSE:CVD) and Laboratory Corporation of America® Holdings jointly announced that Covance’s stockholders voted to adopt the previously announced merger agreement providing for the acquisition of Covance by LabCorp at the special meeting of Covance stockholders. Covance Inc. (NYSE:CVD) has 0.90% insider ownership while its institutional ownership stands at 86.50%. In last trading activity company’s stock closed at $106.42.
Destination Maternity Corporation (NASDAQ:DEST), Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable March 27, 2015 to stockholders of record at the close of business on March 6, 2015. On last trading day Destination Maternity Corporation (NASDAQ:DEST) remains unchanged to close at $16.39. Its volatility for the week is 2.35% while volatility for the month is 3.14%. DEST’s sales growth for past 5 years was -0.50% and its EPS growth for past 5 years was 17.40%. Destination Maternity Corporation (NASDAQ:DEST) monthly performance is 3.67%.