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Enter Symbol:
 
Central Pacific Financial Co (CPF) [hlAlert]

Rating:
Outperform
CPF
up 10.32 %

Cpb Inc. (CPF) rated Outperform by Raymond James

Posted on: Wednesday,  May 22, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Central Pacific Financial Co (NYSE: CPF) on 05/22/2013, when the stock price was $18.49.
Since then, Central Pacific Financial Co has gained 10.33% as of 01/14/2016's recent price of $20.40.
If you would have followed this Raymond James's recommendation on CPF, you would have gained 10.32% of your investment in 967 days.

Central Pacific Financial Corp. is a bank holding company for its bank subsidiary, Central Pacific Bank. Through its bank and its subsidiaries, the Company offers full-service commercial banking with 39 bank branches and more than 95 automate teller machines (ATMs) located throughout the state of Hawaii. The Company operates four branches on the island of Maui, two branches on the island of Hawaii, and one branch on the island of Kauai. Central Pacific Bank is a full-service commercial bank offering a broad range of banking products and services including accepting time and demand deposits and originating loans, including commercial loans, construction loans, commercial and residential mortgage loans, and consumer loans. Central Pacific Financial derives its income primarily from interest and fees on loans, interest on investment securities, and fees received in connection with deposit and other services.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2013 8:25 AM Buy
None
18.49
as of 12/13/2013
1 Week up  0.66 %
1 Month up  6.27 %
3 Months up  14.51 %
1 YTD up  6.27 %

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