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Westcorp (WES) [hlAlert]

Rating:
Buy WES
up 239.03 %

Westcorp (WES) rated Buy with price target $37 by Stifel Nicolaus

Posted on: Thursday,  Oct 6, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Westcorp (NYSE: WES) on 10/06/2011. Previously Stifel Nicolaus rated Buy Westcorp (NYSE: WES) on 06/19/2008., when
the stock price was $17.24. Since then, Westcorp has gained 239.04% as of 01/28/2016's recent price of $58.45.
If you would have followed the previous Stifel Nicolaus's recommendation on WES, you would have gained 239.03% of your investment in 2779 days.

Western Gas Partners, LP is limited partnership organized by Anadarko to own, operate, acquire and develop midstream energy assets. The Company is engaged in the business of gathering, compressing, treating, processing and transporting natural gas for Anadarko Petroleum Corporation (Anadarko) and other producers and customers. The Company?s assets consist of nine gathering systems, six natural gas treating facilities, two gas processing facilities and one interstate pipeline. Its assets are located in East Texas, the Rocky Mountains (Utah and Wyoming) and the Mid-Continent (Kansas and Oklahoma). The Company?s general partner is Western Gas Holdings, LLC, a wholly owned subsidiary of Anadarko. On December 19, 2008, the Company acquired certain midstream assets from Anadarko.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2011 8:25 AM Buy
None
33.90 37.00
as of 12/30/2011
1 Week up  1.82 %
1 Month up  9.52 %
3 Months up  22.20 %
1 YTD up  36.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2008 8:25 AM Buy
None
17.24 18.50

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