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Mechel Steel Group Oao (MTL) [hlAlert]

Rating:
Underperform
MTL
up 610.00 %

Mechel Steel Group Oao (MTL) rated Underperform by Credit Suisse

Posted on: Friday,  Aug 10, 2012  8:25 AM ET by Credit Suisse

Credit Suisse rated Underperform Mechel Steel Group Oao (NYSE: MTL) on 08/10/2012, when the stock price was $7.10.
Since then, Mechel Steel Group Oao has lost 85.92% as of 01/08/2016's recent price of $1.00.
If you would have followed this Credit Suisse's recommendation on MTL, you would have gained 610% of your investment in 1246 days.

Mechel Steel Group is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. Mechel Steel Group products are marketed domestically and internationally.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2012 8:25 AM Sell
None
7.10
as of 12/31/2012
1 Week down  -4.84 %
1 Month down  -13.60 %
3 Months up  1.56 %
1 YTD up  18.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2009 8:25 AM Sell
None
19.89
7/2/2009 8:25 AM Hold
None
8.40
7/2/2009 8:25 AM Hold
None
8.40
4/1/2009 8:25 AM Sell
None
4.04
12/1/2008 8:25 AM Hold
None
5.09
2/7/2008 9:25 AM Buy
None
88.99

(*) Stock Price at the time of the recommendation.
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