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Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Buy WFT
down 55.05 %

Weatherford International, Inc. (WFT) upgraded to Buy with price target $28 by Global Hunter Securities

Posted on: Monday,  Apr 28, 2014  12:00 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Weatherford International, Inc. (NYSE: WFT) on 04/28/2014, when the stock price was $20.67.
Since then, Weatherford International, Inc. has lost 55.06% as of 10/27/2015's recent price of $9.29.
If you would have followed this Global Hunter Securities's recommendation on WFT, you would have lost 55.05% of your investment in 547 days.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company?s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2014 12:00 AM Buy
None
20.67 28.00
as of 10/17/2014
1 Week down  -6.82 %
1 Month down  -26.43 %
3 Months down  -27.70 %
1 YTD down  -20.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2011 8:25 AM Hold
None
15.99 17.00

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