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Dresser-rand Group Inc. (DRC) [hlAlert]

up 45.54 %

Dresser-rand Group Inc. (DRC) rated Overweight with price target $60 by Barclays

Posted on: Monday,  Mar 17, 2014  1:25 PM ET by Barclays

Barclays rated Overweight Dresser-rand Group Inc. (NYSE: DRC) on 03/17/2014. Previously Barclays rated Overweight Dresser-rand Group Inc. (NYSE: DRC) on 11/04/2013.,
when the stock price was $58.31. Since then, Dresser-rand Group Inc. has gained 45.55% as of 06/30/2016's recent price of $84.87.
If you would have followed the previous Barclays's recommendation on DRC, you would have gained 45.54% of your investment in 969 days.

Dresser-Rand Group Inc. is the global supplier of custom-engineered rotating equipment solutions for the applications in the oil, gas, petrochemical and process industries. The products and service applications include oil and gas production; high-pressure field injection, gas lift, and enhanced oil recovery; natural gas processing; gas liquefaction; gas transmission and storage; refining; petrochemical production; and general industrial markets, such as paper, steel, sugar, distributed power and United States Navy. The Company operates globally with manufacturing facilities in the United States, France, United Kingdom, Germany, Norway, China and India. It operates a range of products and clients to the global client base in over 140 countries from the global locations in 18 United States states and 26 countries. The Company operates in two business segments: new units, and aftermarket parts and services.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2014 1:25 PM Buy
55.86 60.00
as of 10/17/2014
1 Week down  -1.23 %
1 Month up  10.90 %
3 Months up  18.75 %
1 YTD up  35.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2013 1:25 PM Buy
57.92 77.00
11/4/2013 12:25 PM Buy
58.31 64.00

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