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Hercules Offshore, Inc. (HERO) [hlAlert]

Rating:
Buy HERO
down 98.90 %

Hercules Offshore, Inc. (HERO) upgraded to Buy with price target $8 by Deutsche Bank

Posted on: Wednesday,  Nov 28, 2012  2:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Hercules Offshore, Inc. (NASDAQ: HERO) on 11/28/2012, when the stock price was $4.56. Since
then, Hercules Offshore, Inc. has lost 98.90% as of 11/10/2015's recent price of $0.05.
If you would have followed this Deutsche Bank's recommendation on HERO, you would have lost 98.9% of your investment in 1077 days.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2015 1:25 PM Hold
None
9.98 7.00
as of 12/31/2012
1 Week up  2.66 %
1 Month up  19.57 %
3 Months up  35.30 %
1 YTD up  35.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2015 1:25 PM Sell
None
0.52
2/13/2013 4:25 PM Buy
None
7.16 10.00
11/28/2012 2:25 PM Buy
None
4.56 8.00
8/16/2010 1:25 PM Hold
None
2.41 3.00

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