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Forest Oil Corporation (FST) [hlAlert]

Rating:
Underweight
FST
up 755.88 %

Forest Oil Corporation (FST) rated Underweight with price target $1.50 by Barclays

Posted on: Thursday,  Mar 6, 2014  1:25 PM ET by Barclays

Barclays rated Underweight Forest Oil Corporation (NYSE: FST) on 03/06/2014. Previously Barclays rated Underweight Forest Oil Corporation (NYSE: FST) on 02/03/2014.,
when the stock price was $2.91. Since then, Forest Oil Corporation has lost 88.32% as of 12/15/2014's recent price of $0.34.
If you would have followed the previous Barclays's recommendation on FST, you would have gained 755.88% of your investment in 315 days.

Forest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of natural gas and liquids primarily in North America. The Company conducts its operations in three geographical segments and five business units. Geographical segments include the United States, Canada and International. Business units include the Western United States (Western), Southern United States (Southern), Eastern, Canada and International. Forest conducts exploration and development activities in each of its geographical segments. In June 2007, the Company completed the acquisition of The Houston Exploration Company. On August 27, 2007, Forest sold all of its assets located in Alaska (the Alaska Assets) to Pacific Energy Resources Ltd. (PERL).

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2014 1:25 PM Sell
None
1.81 1.50
as of 10/17/2014
1 Week up  8.64 %
1 Month up  52.86 %
3 Months up  66.51 %
1 YTD up  59.11 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2014 1:25 PM Sell
None
2.91 3.00

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