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Enter Symbol:
Goldcorp Incorporated (GG) [hlAlert]

down 72.99 %

Goldcorp Incorporated (GG) rated Overweight with price target $34.90 by HSBC Securities

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

HSBC Securities rated Overweight Goldcorp Incorporated (NYSE: GG) on 04/29/2013. Previously HSBC Securities rated Overweight Goldcorp Incorporated (NYSE: GG) on 09/16/2011.,
when the stock price was $50.66. Since then, Goldcorp Incorporated has lost 73.00% as of 08/27/2015's recent price of $13.68.
If you would have followed the previous HSBC Securities's recommendation on GG, you would have lost 72.99% of your investment in 1441 days.

Goldcorp is a North American based gold producer engaged in exploration, extraction, and processing of gold. The company's primary asset and key value driver is its Red Lake Mine which is the largest producing gold mine in Canada. Goldcorp's other operations include the Wharf Mine, a gold mine located in the Black Hills of South Dakota, USA and Saskatchewan Minerals, an industrial minerals operation in Saskatchewan, Canada, which produces natural sodium sulphate used primarily in the detergent industry.

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
4/29/2013 8:25 AM Buy
29.52 34.90
as of 12/13/2013
1 Week   
1 Month down  -12.97 %
3 Months down  -20.34 %
1 YTD down  -42.61 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2012 8:27 AM Buy
34.98 60.00
9/16/2011 8:25 AM Buy
50.66 79.00
11/23/2010 8:25 AM Hold
45.88 50.00
9/19/2008 8:25 AM Hold
10/9/2007 9:25 AM Sell

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