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Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Underperform
NBR
up 40.29 %

Nabors Industries, Inc. (NBR) rated Underperform by Credit Agricole

Posted on: Tuesday,  May 26, 2015  10:25 AM ET by Credit Agricole

Credit Agricole rated Underperform Nabors Industries, Inc. (NYSE: NBR) on 05/26/2015. Previously Credit Agricole rated Underperform Nabors Industries, Inc. (NYSE: NBR) on
07/10/2013., when the stock price was $15.11. Since then, Nabors Industries, Inc. has lost 28.72% as of 11/02/2015's recent price of $10.77.
If you would have followed the previous Credit Agricole's recommendation on NBR, you would have gained 40.29% of your investment in 845 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.

Credit Agricole
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/26/2015 10:25 AM Sell
None
15.00
as of 8/27/2015
1 Week down  -5.69 %
1 Month up  25.26 %
3 Months up  30.96 %
1 YTD up  36.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 9:25 AM Sell
None
15.11
9/5/2012 8:25 AM Buy
None
14.64

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