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Forest Oil Corporation (FST) [hlAlert]

down 99.44 %

Forest Oil Corporation (FST) rated Buy with price target $24 by UBS

Posted on: Tuesday,  Aug 4, 2009  11:25 AM ET by UBS

UBS rated Buy Forest Oil Corporation (NYSE: FST) on 08/04/2009. Previously UBS rated Buy Forest Oil Corporation (NYSE: FST) on 04/17/2008.,
when the stock price was $61.00. Since then, Forest Oil Corporation has lost 99.44% as of 12/15/2014's recent price of $0.34.
If you would have followed the previous UBS's recommendation on FST, you would have lost 99.44% of your investment in 2433 days.

Forest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of natural gas and liquids primarily in North America. The Company conducts its operations in three geographical segments and five business units. Geographical segments include the United States, Canada and International. Business units include the Western United States (Western), Southern United States (Southern), Eastern, Canada and International. Forest conducts exploration and development activities in each of its geographical segments. In June 2007, the Company completed the acquisition of The Houston Exploration Company. On August 27, 2007, Forest sold all of its assets located in Alaska (the Alaska Assets) to Pacific Energy Resources Ltd. (PERL).

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
8/4/2009 11:25 AM Buy
17.93 24.00
as of 12/31/2009
1 Week up  57.61 %
1 Month up  102.34 %
3 Months up  89.42 %
1 YTD up  124.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2008 10:25 AM Buy

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