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International Coal Group, Inc. (ICO) [hlAlert]

Rating:
Buy ICO
up 187.20 %

International Coal Group, Inc. (ICO) rated Buy with price target $8 by UBS

Posted on: Thursday,  Jul 29, 2010  12:25 PM ET by UBS

UBS rated Buy International Coal Group, Inc. (NYSE: ICO) on 07/29/2010. Previously UBS rated Buy International Coal Group, Inc. (NYSE: ICO) on
10/09/2007., when the stock price was $5.08. Since then, International Coal Group, Inc. has gained 187.20% as of 06/14/2011's recent price of $14.59.
If you would have followed the previous UBS's recommendation on ICO, you would have gained 187.2% of your investment in 1344 days.

International Coal Group, Inc. (ICG) is a producer of coal in Northern and Central Appalachia with a range of mid to high British thermal unit (Btu), low to medium sulfur steam and metallurgical coal. The Company's Appalachian mining complexes, which include 12 of its mining complexes, are located in West Virginia, Kentucky and Maryland. It also has a complementary mining complex of mid to high sulfur steam coal located in the Illinois Basin. ICG markets its coal to a customer base of largely investment grade electric utilities, as well as domestic and international industrial customers. The Company has three business segments, which are based on the coal regions in which it operate: Central Appalachian, comprising both surface and underground mines; Northern Appalachian, comprising of both surface and underground mines, and Illinois Basin, representing one underground mine.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2010 12:25 PM Buy
None
4.44 8.00
as of 12/31/2010
1 Week up  13.95 %
1 Month up  8.40 %
3 Months up  55.07 %
1 YTD up  113.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2009 1:25 PM Buy
None
2.19 6.00
4/24/2008 9:25 AM Buy
None
7.39 10.00
10/9/2007 9:25 AM Buy
None
5.08 7.00

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