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Lukoil Co Spons Adr (LUKOY) [hlAlert]

Rating:
Overweight
LUKOY
down 36.06 %

Lukoil Co Spons Adr (LUKOY) rated Overweight with price target $75 by HSBC Securities

Posted on: Wednesday,  Aug 29, 2012  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Lukoil Co Spons Adr (OTCBB: LUKOY) on 08/29/2012. Previously HSBC Securities rated Overweight Lukoil Co Spons Adr (OTCBB: LUKOY)
on 11/03/2009., when the stock price was $56.95. Since then, Lukoil Co Spons Adr has lost 36.07% as of 08/27/2015's recent price of $36.41.
If you would have followed the previous HSBC Securities's recommendation on LUKOY, you would have lost 36.06% of your investment in 2123 days.

LUKOIL is a Russia-based integrated oil and gas company. The Company is engaged in the business of oil exploration, production, refining, marketing and distribution. The Company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. It owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern and Western Europe. The Company?s petroleum products are sold in Russia, Eastern and Western Europe and United States. The Company operates in four business segments: exploration and production, refining, marketing and distribution, and chemicals and other business.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/29/2012 8:25 AM Buy
None
58.24 75.00
as of 12/31/2012
1 Week up  3.52 %
1 Month up  7.26 %
3 Months up  9.68 %
1 YTD up  26.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2011 8:25 AM Buy
None
63.65 85.00
11/3/2009 8:25 AM Buy
None
56.95 84.00
9/21/2009 8:25 AM Hold
None
52.75

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