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Hornbeck Offshore Services (HOS) [hlAlert]

Rating:
Buy HOS
down 6.31 %

Hornbeck Offshore Services (HOS) rated Buy with price target $70 by Wunderlich

Posted on: Thursday,  Sep 26, 2013  8:25 AM ET by Wunderlich

Wunderlich rated Buy Hornbeck Offshore Services (NYSE: HOS) on 09/26/2013, when the stock price was $58.16. Since then, Hornbeck Offshore
Services has lost 6.31% of its value until Wunderlich rated HOS Hold on 11/01/2013, when the price was $54.49.
If you would have followed this Wunderlich's recommendation on HOS, you would have lost 6.31% of your investment in 36 days.

Hornbeck Offshore Services, Inc. operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico and select international markets. The Company, through its subsidiaries, also operates ocean-going tugs and tank barges that provide transportation of petroleum products, primarily in the northeastern United States, Gulf of Mexico and Puerto Rico. The Company owns a 49% interest in Hornbeck Offshore Trinidad & Tobago Limited (HOTT-Ltd). HOTT-Ltd is a vessel crewing and management services company established to support the Company?s Trinidad & Tobago-based operations. The Company operates in two segments: Upstream and Downstream.

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
11/1/2013 8:25 AM Hold
None
54.49 61.00
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -6.31 %
1 YTD down  -6.31 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2013 8:25 AM Buy
None
58.16 70.00

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