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Campus Crest Communities Inc (CCG) [hlAlert]

down 61.25 %

Campus Crest Communities Inc (CCG) rated Buy by BofA/Merrill

Posted on: Wednesday,  Mar 20, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Campus Crest Communities Inc (NYSE: CCG) on 03/20/2013, when the stock price was $13.50. Since
then, Campus Crest Communities Inc has lost 61.26% as of 01/21/2016's recent price of $5.23.
If you would have followed this BofA/Merrill's recommendation on CCG, you would have lost 61.25% of your investment in 1037 days.

Campus Crest Communities, Inc. is a self-managed, self-administered and vertically-integrated developer, builder, owner and manager of purpose-built student housing properties in the United States. The Company operates in two segments: student housing operations and development, construction and management services. It owns the general partner interest and owns limited partner interests in Campus Crest Communities Operating Partnership, LP (the Operating Partnership). It holds substantially all of its assets and conducts substantially all of its business, through the Operating Partnership. As of December 31, 2010, it owned interests in 27 operating student housing properties containing approximately 5,048 apartment units and 13,580 beds. Twenty-one of its properties, containing approximately 3,920 apartment units and 10,528 beds, are wholly owned. On October 19, 2010, it acquired the remaining interest in Campus Crest at San Marcos, LLC, which owns The Grove at San Marcos, from HSRE.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -5.97 %
1 Month down  -7.21 %
3 Months down  -14.75 %
1 YTD down  -32.37 %

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