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Hercules Offshore, Inc. (HERO) [hlAlert]

Rating:
Underweight
HERO
up 13,920.00 %

Hercules Offshore, Inc. (HERO) rated Underweight with price target $7 by Barclays

Posted on: Tuesday,  Jun 25, 2013  12:25 PM ET by Barclays

Barclays rated Underweight Hercules Offshore, Inc. (NASDAQ: HERO) on 06/25/2013, when the stock price was $7.01. Since
then, Hercules Offshore, Inc. has lost 99.29% as of 11/10/2015's recent price of $0.05.
If you would have followed this Barclays's recommendation on HERO, you would have gained 13920% of your investment in 868 days.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2013 12:25 PM Sell
None
7.01 7.00
as of 12/13/2013
1 Week up  3.42 %
1 Month up  17.75 %
3 Months up  20.40 %
1 YTD up  15.40 %

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