, Tracking Stock Market Picks
Enter Symbol:
Cit Group Inc (del) (CIT) [hlAlert]

down 8.25 %

Cit Group Inc (del) (CIT) rated Buy by Jefferies

Posted on: Tuesday,  Sep 24, 2013  8:25 AM ET by Jefferies

Jefferies rated Buy Cit Group Inc (del) (NYSE: CIT) on 09/24/2013, when the stock price was $47.73. Since
then, Cit Group Inc (del) has lost 8.25% as of 01/21/2016's recent price of $43.79.
If you would have followed this Jefferies's recommendation on CIT, you would have lost 8.25% of your investment in 849 days.

CIT Group Inc. (CIT) is a bank holding company, which provides commercial financing and leasing products, and management advisory services to clients in a variety of industries. CIT bank is its primary bank subsidiary. It serves clients in a variety of industries, including transportation, aerospace and rail, manufacturing, wholesaling, retailing, healthcare, communications, media and entertainment, and various service-related industries. The Company?s products include asset-based loans, secured lines of credit, leases (operating, finance and leveraged), vendor finance programs, import and export financing, debtor-in-possession/turnaround financing, acquisition and expansion financing, letters of credit/trade acceptances structuring and small business loans. The Company operates through five business segments: Corporate Finance, Transportation Finance, Trade Finance, Vendor Finance and Consumer. In November 2009, the Company filed for bankruptcy.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -2.38 %
1 Month up  0.20 %
3 Months up  3.05 %
1 YTD up  3.05 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy