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Enter Symbol:
 
Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Buy WFT
down 56.34 %

Weatherford International, Inc. (WFT) rated Buy with price target $28 by Canaccord Genuity

Posted on: Friday,  Apr 29, 2011  11:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy Weatherford International, Inc. (NYSE: WFT) on 04/29/2011, when the stock price was $21.28. Since
then, Weatherford International, Inc. has lost 56.34% as of 10/27/2015's recent price of $9.29.
If you would have followed this Canaccord Genuity's recommendation on WFT, you would have lost 56.34% of your investment in 1642 days.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company?s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2011 11:25 AM Buy
None
21.28 28.00
as of 12/30/2011
1 Week up  1.80 %
1 Month down  -3.43 %
3 Months up  19.90 %
1 YTD down  -31.20 %

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