GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Neutral NBR
down 27.27 %

Nabors Industries, Inc. (NBR) upgraded to Neutral with price target $22 by Credit Suisse

Posted on: Tuesday,  Mar 18, 2014  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Nabors Industries, Inc. (NYSE: NBR) on 03/18/2014. Previously Credit Suisse rated Underperform Nabors Industries, Inc. (NYSE: NBR) on
02/01/2013., when the stock price was $16.85. Since then, Nabors Industries, Inc. has gained 37.51% as of 03/18/2014's recent price of $23.17.
If you would have followed the previous Credit Suisse's recommendation on NBR, you would have lost 27.27% of your investment in 410 days.

Nabors Industries Limited (Nabors) is a global land drilling contractor, approximately 528 actively marketed land drilling rigs. The Company conducts oil, gas and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia and Africa. Nabors is engaged in the land well-servicing and contracting in the United States and Canada. The Company market approximately 592 land workover and well-servicing rigs in the United States, primarily in the southwestern and western United States, and actively market approximately 171 land workover and well-servicing rigs in Canada. Nabors is a provider of offshore platform workover and drilling rigs, and actively markets 37 platform rigs, 13 jack-up units and three barge rigs in the United States and multiple international markets. The Company has a 51% ownership interest in a joint venture in Saudi Arabia.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2014 8:25 AM Hold
None
23.17 22.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -36.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2013 8:25 AM Sell
None
16.85
1/28/2010 8:25 AM Buy
None
24.46
2/26/2009 8:25 AM Hold
None
10.22 12.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy