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Enter Symbol:
 
Tidewater Inc. (TDW) [hlAlert]

Rating:
Buy TDW
down 62.85 %

Tidewater Inc. (TDW) rated Buy by Citigroup

Posted on: Friday,  Dec 14, 2012  8:25 AM ET by Citigroup

Citigroup rated Buy Tidewater Inc. (NYSE: TDW) on 12/14/2012, when the stock price was $44.83. Since
then, Tidewater Inc. has lost 62.86% as of 01/11/2016's recent price of $16.65.
If you would have followed this Citigroup's recommendation on TDW, you would have lost 62.85% of your investment in 1123 days.

Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy industry through the operation of offshore marine service vessels. As of March 31, 2008, the Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service. The Company provides services supporting all phases of offshore exploration, development and production, including towing of and anchor handling of mobile drilling rigs and equipment; transporting supplies and personnel necessary to sustain drilling, workover and production activities; assisting in offshore construction activities, and a variety of specialized services, including pipe laying, cable laying and three-dimensional (3-D) seismic work. The Company operates in two segments: United States and International.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2012 8:25 AM Buy
None
44.83
as of 12/31/2012
1 Week down  -1.25 %
1 Month down  -0.33 %
3 Months   
1 YTD down  -0.33 %

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