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Enter Symbol:
 
Foster Wheeler Ltd. (FWLT) [hlAlert]

Rating:
Buy FWLT
down 4.96 %

Foster Wheeler Ltd. (FWLT) rated Buy by Canaccord Adams

Posted on: Friday,  Apr 16, 2010  9:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Foster Wheeler Ltd. (NASDAQ: FWLT) on 04/16/2010, when the stock price was $29.99. Since
then, Foster Wheeler Ltd. has lost 4.97% as of 12/03/2014's recent price of $28.50.
If you would have followed this Canaccord Adams's recommendation on FWLT, you would have lost 4.96% of your investment in 1692 days.

Foster Wheeler AG, formerly Foster Wheeler Limited, operates through two business groups: Global Engineering and Construction Group (Global E&C Group) and Global Power Group. The Global E&C Group, which operates worldwide, designs, engineers and constructs onshore and offshore upstream oil and gas processing facilities, natural gas liquefaction facilities and receiving terminals, gas-to-liquids facilities, oil refining, chemical and petrochemical, pharmaceutical and biotechnology facilities and related infrastructure, including power generation and distribution facilities, and gasification facilities. The Global Power Group designs, manufactures and erects steam generating and auxiliary equipment for electric power generating stations and industrial facilities worldwide.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2010 9:25 AM Buy
None
29.99
as of 12/31/2010
1 Week up  5.60 %
1 Month up  29.85 %
3 Months up  48.65 %
1 YTD up  21.24 %

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