GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Enduro Royalty Trust (NDRO) [hlAlert]

Rating:
Underperform
NDRO
up 440.07 %

Enduro Royalty Trust (NDRO) downgraded to Underperform with price target $11 by Robert W. Baird

Posted on: Wednesday,  Jul 10, 2013  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Underperform Enduro Royalty Trust (NYSE: NDRO) on 07/10/2013, when the stock price was $14.96.
Since then, Enduro Royalty Trust has lost 81.48% as of 08/31/2015's recent price of $2.77.
If you would have followed this Robert W. Baird's recommendation on NDRO, you would have gained 440.07% of your investment in 782 days.

Enduro Royalty Trust (the Trust) is a statutory trust. On May 13, 2011, the Trust was formed by Enduro Resource Partners LLC (Enduro Sponsor) to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico (the Underlying Properties) held by Enduro Sponsor as of the date of the conveyance of the net profits interest to the trust. The business and affairs of the Trust will be managed by The Bank of New York Mellon Trust Company, N.A., as trustee (the Trustee). In addition, Wilmington Trust Company will act as Delaware trustee (the Delaware Trustee) of the Trust. Enduro Sponsor is a privately-held limited liability company engaged in the production and development of oil and natural gas from properties located in Texas, Louisiana and New Mexico.

Deep, comprehensive coverage is essential to your success. And with nearly 100 research professionals covering over 500 U.S. companies, our reputation for trusted, award-winning, in-depth analysis with a strong commitment to objective, fundamental research speaks for itself.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 8:25 AM Sell
None
14.96 11.00
as of 12/13/2013
1 Week up  4.05 %
1 Month down  -0.32 %
3 Months up  19.50 %
1 YTD up  16.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2013 8:25 AM Hold
None
15.79
3/12/2013 8:25 AM Buy
None
16.06 20.00
4/5/2012 8:25 AM Hold
None
20.90 21.00
12/16/2011 8:25 AM Buy
None
19.80 23.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy