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Overseas Shipholding Group, Inc. (OSGIQ) [hlAlert]

Rating:
Neutral OSG
up 2,329.16 %

Overseas Shipholding Group, Inc. (OSG) upgraded to Neutral by Credit Suisse

Posted on: Tuesday,  Oct 23, 2012  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Overseas Shipholding Group, Inc. (OTCBB: OSGIQ) on 10/23/2012. Previously Credit Suisse rated Underperform Overseas Shipholding Group, Inc. (OTCBB: OSGIQ)
on 05/05/2009., when the stock price was $34.98. Since then, Overseas Shipholding Group, Inc. has lost 95.88% as of 10/23/2012's recent price of $1.44.
If you would have followed the previous Credit Suisse's recommendation on OSGIQ, you would have gained 2329.16% of your investment in 1267 days.

Overseas Shipholding Group, Inc. and its subsidiaries constitute a major international shipping enterprise owning and operating a diversified fleet of oceangoing bulk cargo vessels -- principally tankers. The company ranks among the world's largest owners of tankers both in terms of the number of vessels and in carrying capacity. The company charters its ships to commercial shippers and U.S. and foreign governmental agencies for the carriage of bulk commodities, primarily crude oil, petroleum products, grain, coal and iron ore.

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
10/23/2012 8:25 AM Hold
None
1.44
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/5/2009 8:25 AM Sell
None
34.98
8/13/2007 9:25 AM Buy
None
74.98 85.00
7/18/2007 9:25 AM Hold
None
87.70 82.00

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