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Atwood Oceanics, Inc. (ATW) [hlAlert]

Rating:
Buy ATW
down 64.52 %

Atwood Oceanics, Inc. (ATW) rated Buy with price target $52 by Deutsche Bank

Posted on: Thursday,  Jun 12, 2014  12:00 AM ET by Deutsche Bank

Deutsche Bank rated Buy Atwood Oceanics, Inc. (NYSE: ATW) on 06/12/2014, when the stock price was $51.53. Since
then, Atwood Oceanics, Inc. has lost 64.53% as of 01/11/2016's recent price of $18.28.
If you would have followed this Deutsche Bank's recommendation on ATW, you would have lost 64.52% of your investment in 578 days.

Atwood Oceanics, Inc., along with its international operating subsidiary, Atwood Oceanics Pacific Limited (AOPL) and related subsidiaries, is engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells, and related support, management and consulting services. As of September 30, 2009, the Company?s worldwide operations included nine offshore mobile drilling units located in five regions of the world: offshore Southeast Asia, offshore Africa, offshore Australia, the Mediterranean Sea and the United States Gulf of Mexico. As of September 30, 2009, the submersible Richmond was the only drilling unit working in the United States waters. As of November 24, 2009, the Company?s wholly owned and operating rig fleet included Atwood Eagle, Atwood Hunter, Atwood Falcon, Atwood Southern Cross, Seahawk, Atwood Aurora, Atwood Beacon, Vicksburg and Richmond.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2014 12:00 AM Buy
None
51.53 52.00
as of 10/17/2014
1 Week up  0.70 %
1 Month down  -9.07 %
3 Months down  -20.37 %
1 YTD down  -22.58 %

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