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Hercules Offshore, Inc. (HERO) [hlAlert]

Rating:
Hold HERO

Hercules Offshore, Inc. (HERO) rated Hold with price target $3 by Deutsche Bank

Posted on: Monday,  Aug 16, 2010  1:25 PM ET by Deutsche Bank

Hercules Offshore, Inc. (NASDAQ: HERO)
rated Hold with price target $3 by Deutsche Bank.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2015 1:25 PM Hold
None
9.98 7.00
as of 8/27/2015
1 Week up  37.50 %
1 Month up  81.48 %
3 Months up  94.56 %
1 YTD down  -1.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2015 1:25 PM Sell
None
0.52
2/13/2013 4:25 PM Buy
None
7.16 10.00
11/28/2012 2:25 PM Buy
None
4.56 8.00
8/16/2010 1:25 PM Hold
None
2.41 3.00

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