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Enter Symbol:
Rating: CIE
Speculative Buy $15
down 56.00 %

Cobalt International Energy, Inc. (NYSE: CIE) reiterated to Speculative Buy with price target $15 by Global Hunter Securities

Tuesday,  Oct 21, 2014  10:25 AM ET by Kristen Bailey

The Global Hunter Securities advised against investing in this stock and the price has fallen for a loss. The price fell from $25.19 on 12/14/2012 to $11.09 on 10/21/2014. Global Hunter Securities reiterated Cobalt International
Energy, Inc. (NYSE: CIE) to Speculative Buy with price target $15 with today's price of $11.09. Global Hunter Securities rated Cobalt International Energy, Inc. (NYSE: CIE) to Buy with price target $35 on 12/14/2012, when the price was $25.19. Cobalt International Energy, Inc.'s stock price lost 56% since then.
By following the previous Global Hunter Securities's recommendation on CIE, you would have lost 56% in 676 days.

Cobalt International Energy, Inc. operates as an independent oil-focused exploration and production company. The company focuses on the deepwater U.S. Gulf of Mexico, and offshore Angola and Gabon in West Africa. It has strategic relationships with TOTAL E&P USA, INC. and Sociedade Nacional de Combustíveis de Angola?Empresa Pública. The company was founded in 2005 and is based in Houston, Texas.

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.

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