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Rowan Companies, Inc. (RDC) [hlAlert]

Rating:
Underperform
RDC
down 51.87 %

Rowan Companies, Inc. (RDC) downgraded to Underperform by Credit Agricole

Posted on: Tuesday,  Dec 22, 2015  10:25 AM ET by Credit Agricole

Credit Agricole rated Underperform Rowan Companies, Inc. (NYSE: RDC) on 12/22/2015. Previously Credit Agricole rated Buy Rowan Companies, Inc. (NYSE: RDC) on
03/01/2013., when the stock price was $35.24. Since then, Rowan Companies, Inc. has lost 51.87% as of 12/22/2015's recent price of $16.96.
If you would have followed the previous Credit Agricole's recommendation on RDC, you would have lost 51.87% of your investment in 1026 days.

Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.

Credit Agricole
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2015 10:25 AM Sell
None
16.96
as of 8/27/2015
1 Week up  3.86 %
1 Month down  -22.06 %
3 Months down  -27.58 %
1 YTD down  -52.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2013 8:25 AM Buy
None
35.24
9/5/2012 8:25 AM Buy
None
35.17

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