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Enter Symbol:
 
Posco ADR (PKX) [hlAlert]

Rating:
Overweight
PKX
down 75.41 %

Pohang Iron & Steel Co., Ltd. (PKX) rated Overweight by HSBC Securities

Posted on: Thursday,  Feb 4, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Posco ADR (NYSE: PKX) on 02/04/2010. Previously HSBC Securities rated Buy Posco ADR (NYSE: PKX) on 11/13/2007.,
when the stock price was $161.94. Since then, Posco ADR has lost 75.42% as of 01/07/2016's recent price of $39.81.
If you would have followed the previous HSBC Securities's recommendation on PKX, you would have lost 75.41% of your investment in 2977 days.

POSCO, formerly known as Pohang Iron & Steel Company Ltd., manufactures hot and cold rolled steel products, heavy plate and other steel products for the construction and shipbuilding industries.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2010 8:25 AM Buy
None
117.34
as of 12/31/2010
1 Week down  -4.31 %
1 Month up  4.73 %
3 Months down  -9.54 %
1 YTD down  -21.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2007 9:25 AM Buy
None
161.94

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