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Enter Symbol:
GDF Suez S.A. (GDFZY) [hlAlert]

Neutral GDFZY

GDF Suez S.A. (GDFZY) downgraded to Neutral by HSBC Securities

Posted on: Wednesday,  Aug 21, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral GDF Suez S.A. (OTCBB: GDFZY) on 08/21/2013. Previously HSBC Securities rated Overweight GDF
Suez S.A. (OTCBB: GDFZY) on 03/22/2013., when the stock price was $20.34. Since then, GDF Suez S.A. has gained 9.24% of its value until HSBC Securities rated GDFZY Underweight on 08/21/2013, when the price was $22.22. .

GDF SUEZ primarily engages in producing and selling natural gas and electricity in France and internationally. The company generates electricity from wind, biomass and biogas, hydro, natural gas, coal, oil, and nuclear sources; and involves in energy trading business, as well as supplies power and gas. It also involves in the exploration and production of oil and gas properties primarily in the Netherlands, Germany, the United Kingdom, Norway, Algeria, Egypt, Mauritania, the Ivory Coast, the United States, Indonesia, Denmark, and France. In addition, the company owns infrastructures related to LNG regasification; natural gas transport, storage, and distribution; and electricity transmission, storage, and distribution, as well as offers energy services, including designing and constructing energy facilities and infrastructure. Further, it involves in the collection, treatment, and distribution of drinking water and waste water, including industrial waste water; and recycling and recovering waste water sludge. The company serves industrial, corporate, community, and residential customers, as well as the service sector. GDF Suez S.A. was founded in 1880 and is headquartered in Paris, France.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 8:25 AM Sell
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  9.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2013 8:25 AM Hold
3/22/2013 8:25 AM Buy
11/15/2012 8:25 AM Hold

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