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Preferred Apartment Communities Inc. (APTS) [hlAlert]

Rating:
Buy APTS
up 18.83 %

Preferred Apartment Communities Inc. (APTS) rated Buy with price target $9.75 by Compass Point

Posted on: Tuesday,  Feb 5, 2013  8:25 AM ET by Compass Point

Compass Point rated Buy Preferred Apartment Communities Inc. (NYSE: APTS) on 02/05/2013, when the stock price was $8.60.
Since then, Preferred Apartment Communities Inc. has gained 18.84% as of 09/18/2015's recent price of $10.22.
If you would have followed this Compass Point's recommendation on APTS, you would have gained 18.83% of your investment in 955 days.

Preferred Apartment Communities, Inc., incorporated on September 18, 2009, is formed to acquire multifamily properties in select targeted markets throughout the United States. It also may acquire senior mortgage loans, subordinate loans or mezzanine debt secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily assets as determined by Preferred Apartment Advisors, LLC (manager) as appropriate for the Company. The Company is externally managed and advised by its manager. The Company focuses on branding all apartment communities owned by it as a A Preferred Apartment Community.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2013 8:25 AM Buy
None
8.60 9.75
as of 12/13/2013
1 Week up  0.12 %
1 Month up  1.41 %
3 Months down  -5.30 %
1 YTD down  -8.60 %

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