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Enter Symbol:
 
Petro-canada (PCZ) [hlAlert]

Rating:
Sector Outperform
PCZ
down 39.86 %

Petro-canada (PCZ) rated Sector Outperform by CIBC Wrld Mkts

Posted on: Monday,  Apr 28, 2008  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Petro-canada (NYSE: PCZ) on 04/28/2008, when the stock price was $49.59.
Since then, Petro-canada has lost 39.87% as of 07/31/2009's recent price of $29.82.
If you would have followed this CIBC Wrld Mkts's recommendation on PCZ, you would have lost 39.86% of your investment in 459 days.

Petro Canada is a major Canadian oil and gas company with a strong reputation for environmental stewardship and corporate responsibility. With a portfolio of businesses that span the upstream and downstream sectors, the company is a leader in the Canadian petroleum industry. In the upstream, the company explores for, develops, produces and markets crude oil, natural gas and associated liquids. In the downstream, the company refines, distributes and markets petroleum products and related goods and services.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2008 8:25 AM Buy
None
49.59
as of 12/24/2008
1 Week up  0.63 %
1 Month up  15.72 %
3 Months up  42.66 %
1 YTD down  -35.87 %

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