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Hornbeck Offshore Services (HOS) [hlAlert]

Rating:
Overweight
HOS
down 59.03 %

Hornbeck Offshore Services (HOS) rated Overweight with price target $87 by Barclays

Posted on: Friday,  May 3, 2013  1:25 PM ET by Barclays

Barclays rated Overweight Hornbeck Offshore Services (NYSE: HOS) on 05/03/2013. Previously Barclays rated Overweight Hornbeck Offshore Services (NYSE: HOS) on 02/08/2013.,
when the stock price was $44.65. Since then, Hornbeck Offshore Services has lost 59.04% as of 01/11/2016's recent price of $18.29.
If you would have followed the previous Barclays's recommendation on HOS, you would have lost 59.03% of your investment in 1067 days.

Hornbeck Offshore Services, Inc. operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico and select international markets. The Company, through its subsidiaries, also operates ocean-going tugs and tank barges that provide transportation of petroleum products, primarily in the northeastern United States, Gulf of Mexico and Puerto Rico. The Company owns a 49% interest in Hornbeck Offshore Trinidad & Tobago Limited (HOTT-Ltd). HOTT-Ltd is a vessel crewing and management services company established to support the Company?s Trinidad & Tobago-based operations. The Company operates in two segments: Upstream and Downstream.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 1:25 PM Buy
None
58.50 92.00
as of 12/13/2013
1 Week down  -4.80 %
1 Month down  -10.85 %
3 Months down  -14.13 %
1 YTD down  -17.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2013 1:25 PM Buy
None
50.83 87.00
2/8/2013 1:25 PM Buy
None
44.65 52.00

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