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PDC Energy Inc (PDCE) [hlAlert]

Rating:
Buy PDCE
up 58.24 %

PDC Energy Inc (PDCE) rated Buy with price target $50 by Stifel Nicolaus

Posted on: Friday,  Dec 21, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy PDC Energy Inc (NASDAQ: PDCE) on 12/21/2012, when the stock price was $32.74. Since
then, PDC Energy Inc has gained 58.25% as of 01/15/2016's recent price of $51.81.
If you would have followed this Stifel Nicolaus's recommendation on PDCE, you would have gained 58.24% of your investment in 1120 days.

Petroleum Development Corporation is an independent energy company engaged primarily in the development, production and marketing of natural gas and oil. They are involved in drilling and development activities, the acquisition of natural gas and oil producing wells and the expansion of its natural gas marketing activities

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2012 8:25 AM Buy
None
32.74 50.00
as of 12/31/2012
1 Week down  -3.70 %
1 Month down  -10.86 %
3 Months up  1.10 %
1 YTD down  -8.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2010 8:25 AM Buy
None
35.83 45.00
9/10/2010 8:25 AM Buy
None
28.41 38.00
2/13/2009 9:25 AM Hold
None
15.03
2/11/2008 8:25 AM Buy
None
66.80 82.00
11/28/2007 9:25 AM Buy
None
50.47 69.00

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