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Willbros Group, Inc. (WG) [hlAlert]

Rating:
Buy WG
down 94.90 %

Willbros Group, Inc. (WG) rated Buy with price target $24 by Broadpoint AmTech Research

Posted on: Wednesday,  Nov 11, 2009  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Willbros Group, Inc. (NYSE: WG) on 11/11/2009, when the stock price was $16.28.
Since then, Willbros Group, Inc. has lost 94.90% as of 12/29/2015's recent price of $0.83.
If you would have followed this Broadpoint AmTech Research's recommendation on WG, you would have lost 94.9% of your investment in 2239 days.

Willbros Group, Inc. (Willbros) is an independent international contractor serving the oil, gas and power industries, government entities, and the refinery and petrochemical industries. Willbros operates its business in three segments: Upstream Oil & Gas, Downstream Oil & Gas, and Engineering. These segments operate primarily in the United States, Canada, and Oman. The Company provides engineering; construction; engineering, procurement and construction (EPC), and specialty services to industry and governmental entities worldwide, specializing in pipelines and associated facilities for onshore and coastal locations. For the downstream oil and gas markets, primarily refineries, the Company also provides turnaround services, tank services, heater services, construction services and safety services. It manufactures specialty items for refinery and petrochemical process units. In July 2009, Willbros completed the acquisition of the engineering business of Wink Companies LLC.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2009 9:25 AM Buy
None
16.28 24.00
as of 12/31/2009
1 Week down  -43.88 %
1 Month down  -36.76 %
3 Months down  -38.82 %
1 YTD down  -38.82 %

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