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YAMANA GOLD INC (AUY) [hlAlert]

Rating:
Neutral AUY

YAMANA GOLD INC (AUY) downgraded to Neutral with price target $12.80 by HSBC Securities

Posted on: Monday,  Apr 29, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral YAMANA GOLD INC (NYSE: AUY) on 04/29/2013. Previously HSBC Securities rated Overweight YAMANA
GOLD INC (NYSE: AUY) on 07/26/2012., when the stock price was $14.94. Since then, YAMANA GOLD INC has lost 18.27% of its value until HSBC Securities rated AUY Underweight on 04/29/2013, when the price was $12.21. .

Yamana Gold is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties and land positions in all major mineral areas in Brazil.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2015 4:25 PM Buy
None
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -29.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2014 8:25 AM Sell
None
9.55
4/29/2013 8:25 AM Hold
None
12.21 12.80
7/26/2012 8:27 AM Buy
None
14.94 18.00
9/16/2011 8:25 AM Buy
None
15.94 20.00
1/26/2009 9:25 AM Sell
None
8.06
2/19/2008 9:25 AM Hold
None
15.71

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