Adams Resources & Energy (NYSE:AE) Downgraded to Buy at StockNews.com

Adams Resources & Energy (NYSE:AE – Get Rating) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Monday.

Adams Resources & Energy Stock Performance

Shares of NYSE AE opened at $48.70 on Monday. Adams Resources & Energy has a 12 month low of $27.40 and a 12 month high of $51.50.

Adams Resources & Energy Company Profile

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Adams Resources & Energy, Inc engages in the business of crude oil marketing, transportation and storage in various crude oil and natural gas basins. It operates through the following segments: crude oil marketing, transportation and storage, tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk, and pipeline transportation, terminalling and storage of crude oil.