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Enter Symbol:
 
Posco ADR (PKX) [hlAlert]

Rating:
Buy PKX
down 44.33 %

Pohang Iron & Steel Co., Ltd. (PKX) upgraded to Buy by Standpoint Research

Posted on: Monday,  Jun 3, 2013  10:25 AM ET by Standpoint Research

Standpoint Research rated Buy Posco ADR (NYSE: PKX) on 06/03/2013, when the stock price was $71.52. Since
then, Posco ADR has lost 44.34% as of 01/07/2016's recent price of $39.81.
If you would have followed this Standpoint Research's recommendation on PKX, you would have lost 44.33% of your investment in 948 days.

POSCO, formerly known as Pohang Iron & Steel Company Ltd., manufactures hot and cold rolled steel products, heavy plate and other steel products for the construction and shipbuilding industries.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2013 10:25 AM Buy
None
71.52
as of 12/13/2013
1 Week down  -2.83 %
1 Month up  2.20 %
3 Months up  2.12 %
1 YTD up  8.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2011 10:25 AM Hold
None
87.01
2/1/2011 8:25 AM Buy
None
104.73 140.00

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