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Enter Symbol:
 
Dresser-rand Group Inc. (DRC) [hlAlert]

Rating:
Buy DRC
up 118.68 %

Dresser-rand Group Inc. (DRC) upgraded to Buy with price target $50 by UBS

Posted on: Friday,  Aug 1, 2008  9:25 AM ET by UBS

UBS rated Buy Dresser-rand Group Inc. (NYSE: DRC) on 08/01/2008, when the stock price was $38.81. Since
then, Dresser-rand Group Inc. has gained 118.68% as of 06/30/2016's recent price of $84.87.
If you would have followed this UBS's recommendation on DRC, you would have gained 118.68% of your investment in 2890 days.

Dresser-Rand Group Inc. is the global supplier of custom-engineered rotating equipment solutions for the applications in the oil, gas, petrochemical and process industries. The products and service applications include oil and gas production; high-pressure field injection, gas lift, and enhanced oil recovery; natural gas processing; gas liquefaction; gas transmission and storage; refining; petrochemical production; and general industrial markets, such as paper, steel, sugar, distributed power and United States Navy. The Company operates globally with manufacturing facilities in the United States, France, United Kingdom, Germany, Norway, China and India. It operates a range of products and clients to the global client base in over 140 countries from the global locations in 18 United States states and 26 countries. The Company operates in two business segments: new units, and aftermarket parts and services.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 9:25 AM Buy
None
38.81 50.00
as of 12/24/2008
1 Week down  -3.14 %
1 Month up  21.83 %
3 Months up  45.41 %
1 YTD down  -4.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2008 10:25 AM Hold
None
34.88 40.00
11/1/2007 11:25 AM Hold
None
38.65 44.00

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