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Enter Symbol:
 
ENSCO plc (ESV) [hlAlert]

Rating:
Outperform
ESV
down 61.19 %

ECO International Incorporated (ESV) upgraded to Outperform with price target $56 by Oppenheimer

Posted on: Friday,  Jan 8, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform ENSCO plc (NYSE: ESV) on 01/08/2010. Previously Oppenheimer rated Perform
ENSCO plc (NYSE: ESV) on 09/10/2009., when the stock price was $38.51. Since then, ENSCO plc has gained 13.97% as of 01/08/2010's recent price of $43.89.

ENSCO International Incorporated is an international offshore contract drilling company. The Company engages in the drilling of offshore oil and gas wells in domestic and international markets by providing its drilling rigs and crews under contracts with major international, government-owned, and independent oil and gas companies. As of February 17, 2009, the Company?s offshore rig fleet included 43 jackup rigs, two ultra-deepwater semisubmersible rigs and one barge rig. In addition, it has six ultra-deepwater semisubmersible rigs under construction. The Company is a provider of offshore contract drilling services to the international oil and gas industry. Its operations are concentrated in the geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa, and North and South America.

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
1/8/2010 8:25 AM Buy
None
43.89 56.00
as of 12/31/2010
1 Week down  -2.32 %
1 Month up  10.04 %
3 Months up  16.61 %
1 YTD up  18.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2009 8:25 AM None
None
38.51
2/4/2009 8:25 AM None
None
27.76

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