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Plum Creek Timber Company, Inc. (PCL) [hlAlert]

Rating:
Buy PCL
down 19.18 %

Plum Creek Timber Company, Inc. (PCL) upgraded to Buy by BofA/Merrill

Posted on: Monday,  Jun 3, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Plum Creek Timber Company, Inc. (NYSE: PCL) on 06/03/2013, when the stock price was $48.27.
Since then, Plum Creek Timber Company, Inc. has lost 19.18% as of 01/13/2016's recent price of $39.01.
If you would have followed this BofA/Merrill's recommendation on PCL, you would have lost 19.18% of your investment in 954 days.

Plum Creek Timber Company, Inc. (Plum Creek) is a private timberland owner in the United States. As of December 31, 2008, Plum Creek owned 7.4 million acres of timberlands located in 19 states. The Company?s timberlands are diversified, not only geographically, but also by species mix and age distribution. Plum Creek manages its timberlands in two business segments: the Northern Resources Segment, consisting of timberlands in Maine, Michigan, Montana, New Hampshire, Oregon, Washington, West Virginia and Wisconsin, and the Southern Resources Segment, consisting of timberlands in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company?s Other Segment includes its natural resource businesses that focus on opportunities relating to mineral extraction, natural gas production and communication and transportation rights of way resulting from its property ownership.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2013 8:25 AM Buy
None
48.27
as of 12/13/2013
1 Week down  -0.75 %
1 Month up  2.02 %
3 Months down  -3.49 %
1 YTD down  -7.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2012 10:25 AM Hold
None
43.65

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