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General Cable Corporation (BGC) [hlAlert]

Rating:
Buy BGC
down 60.23 %

General Cable Corporation (BGC) rated Buy with price target $37.50 by Stifel

Posted on: Wednesday,  Mar 27, 2013  8:25 AM ET by Stifel

Stifel rated Buy General Cable Corporation (NYSE: BGC) on 03/27/2013, when the stock price was $35.63. Since
then, General Cable Corporation has lost 60.23% as of 12/24/2015's recent price of $14.17.
If you would have followed this Stifel's recommendation on BGC, you would have lost 60.23% of your investment in 1002 days.

General Cable Corporation is engaged in developing, designing, manufacturing, marketing, distributing and installing copper, aluminum and fiber optic wire and cable products. The Company operates in three segments based on geographic regions: North America, which primarily consists of operations in the United States and Canada; Europe and North Africa, and Rest of World (ROW), which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The products of the Company include electric utility products, electrical infrastructure products, construction products, communication products and rod mill products. On May 21, 2008, the Company entered a joint venture for majority ownership of E.P.E / EN.I.CA.BISKRA/SPA (Enica Biskra). In August 2009, it acquired Gepco International, Inc. and Isotec, Inc. (collectively, Gepco). Gepco is a manufacturer and provider of cabling solutions for the professional broadcast and entertainment markets.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2013 8:25 AM Buy
None
35.63 37.50
as of 12/13/2013
1 Week up  0.48 %
1 Month down  -0.13 %
3 Months down  -8.83 %
1 YTD down  -19.22 %

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