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Parker Drilling Company (PKD) [hlAlert]

Rating:
Buy PKD
down 57.62 %

Parker Drilling Company (PKD) rated Buy with price target $9 by Global Hunter Securities

Posted on: Tuesday,  Mar 29, 2011  8:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Parker Drilling Company (NYSE: PKD) on 03/29/2011, when the stock price was $6.75.
Since then, Parker Drilling Company has lost 57.63% as of 01/25/2016's recent price of $2.86.
If you would have followed this Global Hunter Securities's recommendation on PKD, you would have lost 57.62% of your investment in 1763 days.

Parker Drilling Company is a provider of contract drilling and drilling-related services. During the year ended December 31, 2008, the Company?s revenues were derived from five segments: United States Drilling, International Drilling, including land drilling and inland barge drilling, Project Management and Engineering Services, Rental Tools, and Construction Contract services. The Company also provides services such as Front End Engineering and Design (FEED) and Engineering, Procurement, Construction and Installation (EPCI) services, and project management services (labor, maintenance, logistics, etc.) for operators who own their own drilling rigs.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/29/2011 8:25 AM Buy
None
6.75 9.00
as of 12/30/2011
1 Week down  -2.97 %
1 Month up  3.01 %
3 Months up  63.32 %
1 YTD up  6.22 %

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