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Enter Symbol:
Cathay General Bancorp (CATY) [hlAlert]

up 8.50 %

Cathay General Bancorp (CATY) rated Outperform by Raymond James

Posted on: Tuesday,  Nov 26, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Cathay General Bancorp (NASDAQ: CATY) on 11/26/2013, when the stock price was $27.17. Since
then, Cathay General Bancorp has gained 8.50% as of 01/25/2016's recent price of $29.48.
If you would have followed this Raymond James's recommendation on CATY, you would have gained 8.5% of your investment in 790 days.

Cathay General Bancorp is the one-bank holding company for Cathay Bank, a California state-chartered bank. Cathay Bank offers a wide range of financial services. Cathay Bank currently operates branches in California, New York State, Massachusetts, Houston, Texas, Washington State, and representative offices in Hong Kong and Shanghai, China. In addition, Cathay Bank's subsidiaries, Cathay Investment Company and GBC Investment & Consulting Company, Inc., each maintain an office in Taipei.

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
11/26/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -4.21 %
1 Month down  -7.14 %
3 Months   
1 YTD down  -7.14 %

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