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Enter Symbol:
 
Hcc Insurance Holdings, Inc. (HCC) [hlAlert]

Rating:
Outperform
HCC
up 269.38 %

Hcc Insurance Holdings, Inc. (HCC) rated Outperform with price target $30 by Oppenheimer

Posted on: Tuesday,  Mar 10, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Hcc Insurance Holdings, Inc. (NYSE: HCC) on 03/10/2009, when the stock price was $20.94. Since
then, Hcc Insurance Holdings, Inc. has gained 269.39% as of 10/27/2016's recent price of $77.35.
If you would have followed this Oppenheimer's recommendation on HCC, you would have gained 269.38% of your investment in 2788 days.

HCC Insurance Holdings, Inc. provides specialized property and casualty, surety, and group life, accident and health insurance coverages and related agency, and reinsurance brokerage services to commercial customers and individuals. The Company operates primarily in the United States, the United Kingdom, Spain, Bermuda and Ireland. It underwrites on both direct basis, where it insures a risk in exchange for a premium, and on a reinsurance (assumed) basis, where it insures all or a portion of another, or ceding, insurance company?s risk in exchange for all, or a portion of the ceding insurance company?s premium for the risk. The Company?s subsidiaries include G.B. Kenrick & Associates, Inc., Health Products Division of Allianz Life Insurance Company of North America. During the year ended December 31, 2008, it acquired MultiNational Underwriters, LLC, Criminal Justice division of U.S. Risk Insurance Brokers and Surety Company.

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
3/10/2009 8:25 AM Buy
None
20.94 30.00
as of 12/31/2009
1 Week up  3.08 %
1 Month up  13.85 %
3 Months up  8.77 %
1 YTD up  42.07 %

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