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Enter Symbol:
 
Vectren Corporation (VVC) [hlAlert]

Rating:
Underweight
VVC
down 42.03 %

Vectren Corporation (VVC) rated Underweight by JP Morgan

Posted on: Thursday,  Oct 22, 2009  8:25 AM ET by JP Morgan

JP Morgan rated Underweight Vectren Corporation (NYSE: VVC) on 10/22/2009, when the stock price was $23.81. Since
then, Vectren Corporation has gained 72.53% as of 01/26/2016's recent price of $41.08.
If you would have followed this JP Morgan's recommendation on VVC, you would have lost 42.03% of your investment in 2287 days.

Vectren Corporation (Vectren) is an energy holding company. The Company?s wholly owned subsidiary, Vectren Utility Holdings, Inc. (Utility Holdings), serves as the intermediate holding company for three operating public utilities: Indiana Gas Company, Inc. (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and the Ohio operations (VEDO). Utility Holdings also has other assets that provide information technology and other services to the three utilities. Indiana Gas provides energy delivery services to over 568,000 natural gas customers located in central and southern Indiana. SIGECO provides energy delivery services to over 141,000 electric customers and approximately 111,000 gas customers located near Evansville in southwestern Indiana. SIGECO also owns and operates electric generation.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2009 8:25 AM Sell
None
23.81
as of 12/31/2009
1 Week down  -4.43 %
1 Month down  -12.34 %
3 Months down  -10.83 %
1 YTD down  -10.83 %

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