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Enter Symbol:
 
Pacific Drilling SA (PACD) [hlAlert]

Rating:
Outperform
PACD
down 82.73 %

Pacific Drilling SA (PACD) rated Outperform by Raymond James

Posted on: Friday,  Mar 15, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Pacific Drilling SA (NYSE: PACD) on 03/15/2013, when the stock price was $9.79. Since
then, Pacific Drilling SA has lost 82.74% as of 01/25/2016's recent price of $1.69.
If you would have followed this Raymond James's recommendation on PACD, you would have lost 82.73% of your investment in 1046 days.

Pacific Drilling SA is a Luxembourg-based ultra-deepwater oil drilling company. The Company?s fleet consists of six ultra-deepwater drill ships, such as Pacific Bora, Pacific Mistral, Pacific Scirocco, Pacific Santa Ana, Pacific Khamsin and Pacific Sharav. The Company operates three delivered drill ships and expects delivery of its forth drillship by end of 2011, and has two additional drill ships to be delivered in 2013. The ultra-deepwater drill ships can operate in water depths of up to 12,000 feet.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2013 8:25 AM Buy
None
9.79
as of 12/13/2013
1 Week down  -2.32 %
1 Month down  -7.70 %
3 Months up  2.44 %
1 YTD up  11.33 %

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