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down 92.55 %

APPROACH RES. INC. (AREX) rated Buy with price target $47 by Wunderlich

Posted on: Friday,  Sep 20, 2013  8:25 AM ET by Wunderlich

Wunderlich rated Buy APPROACH RES. INC. (NASDAQ: AREX) on 09/20/2013. Previously Wunderlich rated Buy APPROACH RES. INC. (NASDAQ: AREX) on 02/04/2011.,
when the stock price was $27.54. Since then, APPROACH RES. INC. has lost 92.56% as of 01/22/2016's recent price of $2.05.
If you would have followed the previous Wunderlich's recommendation on AREX, you would have lost 92.55% of your investment in 1813 days.

Approach Resources Inc. is an independent energy company engaged in the exploration, development, exploitation, production and acquisition of unconventional natural gas and oil properties onshore in the United States and Western Canada. The Company focuses its growth efforts primarily on finding and developing natural gas reserves in known tight gas sands and shale areas. The Company currently operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/20/2013 8:25 AM Buy
25.35 47.00
as of 12/13/2013
1 Week up  0.51 %
1 Month down  -18.80 %
3 Months down  -16.99 %
1 YTD down  -22.67 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2013 8:25 AM Buy
25.33 45.00
11/7/2012 8:25 AM Buy
24.25 48.00
8/6/2012 6:56 PM Buy
28.37 52.00
10/4/2011 8:25 AM Buy
15.59 25.00
3/2/2011 8:25 AM Buy
30.57 36.00
2/4/2011 8:25 AM Buy
27.54 32.00

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