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Enter Symbol:
 
Camelot Information Systems Inc (ADR) (CIS) [hlAlert]

Rating:
Outperform
CIS
down 87.04 %

Camelot Information Systems (CIS) rated Outperform with price target $22 by Oppenheimer

Posted on: Monday,  Mar 7, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Camelot Information Systems Inc (ADR) (NYSE: CIS) on 03/07/2011. Previously Oppenheimer rated Outperform Camelot Information Systems Inc (ADR) (NYSE: CIS)
on 08/30/2010., when the stock price was $15.67. Since then, Camelot Information Systems Inc (ADR) has lost 87.05% as of 03/27/2015's recent price of $2.03.
If you would have followed the previous Oppenheimer's recommendation on CIS, you would have lost 87.04% of your investment in 1670 days.

Camelot Information Systems Inc. (Camelot) is a holding company that conducts business, through its operating subsidiaries in China. The Company is a provider of enterprise application services and financial industry information technology (IT) services in China. The Company?s primary service lines include enterprise application services (EAS), which consists of packaged software services for enterprise resource planning (ERP) software packages, and software development and maintenance services, and financial industry IT services (FIS), which primarily consists of software solutions, system support and maintenance, as well as IT consulting services for the financial industry. Camelot provides services to a range of industries, including financial services, resources and energy, manufacturing, automobile and technology. On July 1, 2009, the Company acquired Agree Technology Co., Ltd. In December 2009, it acquired Beijing Tansun Software Technology Co., Ltd.

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
3/7/2011 8:25 AM Buy
None
18.93 22.00
as of 12/30/2011
1 Week up  14.45 %
1 Month up  19.24 %
3 Months up  6.34 %
1 YTD down  -88.08 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2010 8:25 AM Buy
None
15.67 17.00

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