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City National Corporation (CYN) [hlAlert]

Rating:
Buy CYN
up 107.24 %

City National Corporation (CYN) rated Buy with price target $74 by UBS

Posted on: Wednesday,  Jul 10, 2013  11:25 AM ET by UBS

UBS rated Buy City National Corporation (NYSE: CYN) on 07/10/2013. Previously UBS rated Buy City National Corporation (NYSE: CYN) on 11/08/2011.,
when the stock price was $42.53. Since then, City National Corporation has gained 107.24% as of 10/30/2016's recent price of $88.14.
If you would have followed the previous UBS's recommendation on CYN, you would have gained 107.24% of your investment in 1818 days.

City National Corporation is a bank and a financial holding company. The Company provides a range of banking, investing and trust services to its clients through its wholly owned banking subsidiary, City National Bank (the Bank). The Bank operates through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada and New York City. The Bank operates in three segments: Commercial and Private Banking, Wealth Management, and Other. All investment advisory affiliates and the Bank?s wealth management services are included in the Wealth Management segment. All other subsidiaries, the unallocated portion of corporate departments and inter-segment eliminations are included in the Other segment. The Bank?s principal client base comprises small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 11:25 AM Buy
None
65.37 74.00
as of 12/13/2013
1 Week down  -1.79 %
1 Month up  3.07 %
3 Months up  14.37 %
1 YTD up  55.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2011 11:25 AM Buy
None
42.53 54.00
12/15/2009 9:25 AM Sell
None
40.50 35.00

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