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Enter Symbol:
 
Barnes Group, Inc. (B) [hlAlert]

Rating:
Outperform
B
up 8.21 %

Barnes Group, Inc. (B) upgraded to Outperform with price target $43 by Oppenheimer

Posted on: Monday,  Oct 26, 2015  10:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Barnes Group, Inc. (NYSE: B) on 10/26/2015. Previously Oppenheimer rated Perform
Barnes Group, Inc. (NYSE: B) on 09/01/2011., when the stock price was $22.19. Since then, Barnes Group, Inc. has gained 59.17% as of 10/26/2015's recent price of $35.32.

Barnes Group Inc. (Barnes Group) is an international aerospace and industrial components manufacturer and logistical services company serving a range of end markets and customers. The products and services provided by Barnes Group are critical components for far-reaching applications that provide transportation, communication, manufacturing and technology to the world. During the year ended December 31, 2008, it had two operating business segments: Logistics and Manufacturing Services, which provides logistical support and repair services and Precision Components, which is a global supplier of engineered components for critical applications focused on providing solutions for a diverse industrial, transportation and aerospace customer base. In December 2008, Barnes Group sold its United Kingdom Motalink van business, based in Corsham, England. In January 2009, the Company sold its North American integrated supply activity within its logistics business.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2015 10:25 AM Buy
None
35.32 43.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/1/2011 8:25 AM None
None
22.19
5/3/2010 8:25 AM Buy
None
21.19 26.00
3/12/2010 8:25 AM Buy
None
17.69 20.00
5/1/2009 8:25 AM Buy
None
14.16 17.00
11/26/2008 8:25 AM Buy
None
11.31 18.00

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