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Enter Symbol:
 
Flagstar Bancorp, Inc. (FBC) [hlAlert]

Rating:
Neutral FBC

Flagstar Bancorp, Inc. (FBC) upgraded to Neutral with price target $14.50 by Compass Point

Posted on: Friday,  Jul 26, 2013  8:25 AM ET by Compass Point

Compass Point rated Neutral Flagstar Bancorp, Inc. (NYSE: FBC) on 07/26/2013. Previously Compass Point rated Sell Flagstar
Bancorp, Inc. (NYSE: FBC) on 03/13/2013., when the stock price was $14.17. Since then, Flagstar Bancorp, Inc. has gained 19.69% of its value until Compass Point rated FBC Buy on 07/26/2013, when the price was $16.96. .

Flagstar Bancorp, Inc. (Flagstar) is a Michigan-based savings and loan holding company. The Company conducts its business through its subsidiary, Flagstar Bank, FSB (the Bank), a federally chartered stock savings bank. During the year ended December 31, 2008, the Company operated 175 banking centers (of which 42 are located in retail stores, such as Wal-Mart) located in Michigan, Indiana and Georgia. It also operates 104 home loan centers located in 27 states. During 2008, the Company opened 12 banking centers, including six in Georgia, five in Michigan and one in Indiana. During 2008, Flagstar closed one of its in-store branches located in Indiana and consolidated the operations with one of its nearby banking centers.

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
9/9/2014 8:25 AM Buy
None
17.28 20.00
as of 12/13/2013
1 Week down  -3.36 %
1 Month down  -3.41 %
3 Months up  3.17 %
1 YTD down  -16.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2014 12:00 AM Hold
None
18.31 20.00
1/27/2014 9:25 AM Buy
None
20.84 24.00
11/7/2013 8:25 AM Buy
None
16.99 20.00
7/26/2013 8:25 AM Hold
None
16.96 14.50
3/13/2013 8:25 AM Sell
None
14.17 12.00

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