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down 73.29 %

ENGLOBAL CORP (ENG) rated Buy with price target $6 by Lazard Capital Mkts

Posted on: Tuesday,  Mar 17, 2009  9:25 AM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy ENGLOBAL CORP (NASDAQ: ENG) on 03/17/2009, when the stock price was $3.82. Since
then, ENGLOBAL CORP has lost 73.30% as of 08/27/2015's recent price of $1.02.
If you would have followed this Lazard Capital Mkts's recommendation on ENG, you would have lost 73.29% of your investment in 2354 days.

ENGlobal Corporation is a provider of engineering and professional services principally to the energy sector. The Company operates through four business segments. The Engineering segment provides consulting services relating to the development, management and execution of projects requiring professional engineering and related project services. The Construction segment provides personnel and services primarily in the areas of inspection, and also in the areas of construction and construction management, field support, quality assurance and plant asset management. The Automation segment provides services related to the design, fabrication and implementation of process distributed control and analyzer systems, advanced automation, information technology and heat tracing projects. The Land segment provides land management, right-of-way, environmental compliance and governmental regulatory compliance services. In August 2009, the Company acquired PCI Management and Consulting Company.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2009 9:25 AM Buy
3.82 6.00
as of 12/31/2009
1 Week up  37.37 %
1 Month up  39.66 %
3 Months up  1.69 %
1 YTD up  9.68 %

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