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Enter Symbol:
Astoria Financial Corporation (AF) [hlAlert]

Sell AF
down 40.66 %

Astoria Financial Corporation (AF) downgraded to Sell by Stifel Nicolaus

Posted on: Friday,  Jul 20, 2012  8:26 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Sell Astoria Financial Corporation (NYSE: AF) on 07/20/2012, when the stock price was $9.47. Since
then, Astoria Financial Corporation has gained 68.53% as of 01/20/2016's recent price of $15.96.
If you would have followed this Stifel Nicolaus's recommendation on AF, you would have lost 40.66% of your investment in 1279 days.

Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association, and its consolidated subsidiaries (collectively referred to as Astoria Federal). Astoria Federal?s primary business is attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in one- to-four family mortgage loans, multi-family mortgage loans, commercial real estate loans and mortgage-backed securities. To a lesser degree, Astoria Federal also invests in construction loans, and consumer and other loans, United States government, government agency and government-sponsored enterprise (GSE), securities and other investments permitted by federal banking laws and regulations.

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
7/20/2012 8:26 AM Sell
as of 12/31/2012
1 Week up  0.74 %
1 Month down  -0.32 %
3 Months up  5.26 %
1 YTD up  1.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2011 8:25 AM Hold
9/22/2008 9:25 AM Sell
1/25/2008 8:25 AM Hold

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