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Chc Group Ltd. (HELI) [hlAlert]

Rating:
Market Perform
HELI
down 31.93 %

Chc Group Ltd. (HELI) downgraded to Market Perform with price target $6 by Cowen

Posted on: Friday,  Dec 11, 2015  3:25 PM ET by Cowen

Cowen rated Market Perform Chc Group Ltd. (NYSE: HELI) on 12/11/2015. Previously Cowen rated Outperform Chc Group Ltd. (NYSE: HELI) on
02/26/2014., when the stock price was $9.52. Since then, Chc Group Ltd. has lost 31.93% as of 12/11/2015's recent price of $6.48.
If you would have followed the previous Cowen's recommendation on HELI, you would have lost 31.93% of your investment in 653 days.

Heli Electronics Corp., formerly Dong Fang Minerals, Inc., incorporated on November 7, 2007, focuses to engage in the business of wholesaling electronic products. The Company was previously an exploration-stage mining company.On March 29, 2010, the Company merged the wholly owned subsidiary, Heli Electronics Corp. into Dong Fang Minerals, Inc. As of January 31, 2010, the Company did not have any revenues from its business operations. In June 2010, the Company acquired Heli Holding Group Ltd.

Cowen
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2015 3:25 PM Hold
None
6.48 6.00
as of 8/27/2015
1 Week up  26.82 %
1 Month down  -58.40 %
3 Months down  -69.59 %
1 YTD down  -94.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/26/2014 8:25 AM Buy
None
9.52 16.00

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