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Enter Symbol:

down 14.02 %

KHD HUMBOLDT WEDAG INTERNATION (KHD) rated Outperform with price target $25 by Oppenheimer

Posted on: Thursday,  Oct 16, 2008  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform KHD HUMBOLDT WEDAG INTERNATION (NYSE: KHD) on 10/16/2008, when the stock price was $15.83. Since
then, KHD HUMBOLDT WEDAG INTERNATION has lost 14.02% as of 03/30/2010's recent price of $13.61.
If you would have followed this Oppenheimer's recommendation on KHD, you would have lost 14.02% of your investment in 530 days.

KHD Humboldt Wedag International Ltd. is engaged in industrial plant engineering and equipment supply business and has a royalty interest in the Wabush iron ore mine. The Company's industrial plant engineering and equipment supply business focuses on services for the cement, coal and mineral processing industries. It designs and builds plants and equipment that produce and process clinker and cement and process coal and minerals, such as copper and precious metals. The Company has operations in India, China, Russia, Germany, the Middle East, Australia, South Africa and the United States. KHD Humboldt Wedag International supplies plant systems, as well as machinery and equipment worldwide for the manufacture of cement and the processing of coal and minerals, whether for new plants, redevelopments of existing plants or capacity increases for existing plants. In October 2009, MBE Holdings Pte Ltd completed the acquisition of the Company's cola and minerals operations.

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
10/16/2008 8:25 AM Buy
15.83 25.00
as of 12/24/2008
1 Week up  17.15 %
1 Month up  2.44 %
3 Months down  -44.34 %
1 YTD down  -44.34 %

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