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Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Buy NBR
up 9.56 %

Nabors Industries, Inc. (NBR) rated Buy with price target $15 by Argus

Posted on: Monday,  Sep 21, 2015  8:25 AM ET by Argus

Argus rated Buy Nabors Industries, Inc. (NYSE: NBR) on 09/21/2015, when the stock price was $9.83. Since
then, Nabors Industries, Inc. has gained 9.56% as of 11/02/2015's recent price of $10.77.
If you would have followed this Argus's recommendation on NBR, you would have gained 9.56% of your investment in 42 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2015 8:25 AM Buy
None
9.83 15.00
as of 8/27/2015
1 Week up  5.69 %
1 Month down  -25.26 %
3 Months down  -30.96 %
1 YTD down  -35.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2015 9:25 AM Buy
None
16.58 20.00
3/9/2015 10:25 AM Buy
None
12.53 17.00
10/24/2014 9:25 AM Buy
None
18.72 30.00
10/25/2012 8:25 AM Hold
None
13.96
2/24/2012 9:25 AM Buy
None
22.53 30.00
7/23/2009 8:25 AM Hold
None
16.91
1/14/2009 8:25 AM Buy
None
10.94 20.00

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