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Enter Symbol:
 
China Shengda Packaging Group Inc. (CPGI) [hlAlert]

Rating:
Perform CPGI
down 92.20 %

China Packaging Group Inc (CPGI) rated Perform with price target $3.50 by Oppenheimer

Posted on: Monday,  May 16, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Perform China Shengda Packaging Group Inc. (NASDAQ: CPGI) on 05/16/2011. Previously Oppenheimer rated Outperform China Shengda Packaging Group Inc. (NASDAQ: CPGI)
on 02/11/2011., when the stock price was $88.00. Since then, China Shengda Packaging Group Inc. has lost 92.20% as of 08/27/2015's recent price of $6.86.
If you would have followed the previous Oppenheimer's recommendation on CPGI, you would have lost 92.2% of your investment in 1658 days.

China Packaging Group Inc., formerly Healthplace Corporation, is a paper packaging company in China. The Company is engaged in the design, manufacturing and sale of corrugated paperboards and flexo-printed and color-printed paper cartons. It provides paper packaging solutions to a s range of industries, including food, beverage, cigarette, household appliance, consumer electronics, pharmaceuticals, chemicals, machinery and other consumer and industrial sectors. Its products are single-layer paper cartons for food, drinks and medicine, double-layer paper cartons for garments, chemicals, furniture, refrigerators and air-conditioners, and triple-layer paper cartons for electrical machinery, motorcycles, and other heavy-duty products. On April 8, 2010, it completed a reverse acquisition of 100% interest in Evercharm Holdings Limited.

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
5/16/2011 8:25 AM Buy
None
30.50 87.50
as of 12/30/2011
1 Week down  -11.11 %
1 Month down  -12.00 %
3 Months up  31.34 %
1 YTD down  -27.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2011 8:25 AM Buy
None
88.00 175.00

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