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New York Community Bancorp, Inc. (NYCB) [hlAlert]

Rating:
Underperform
NYCB
up 6.20 %

New York Community Bancorp, Inc. (NYCB) rated Underperform by BofA/Merrill

Posted on: Wednesday,  Jun 24, 2015  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform New York Community Bancorp, Inc. (NYSE: NYCB) on 06/24/2015, when the stock price was $18.65.
Since then, New York Community Bancorp, Inc. has lost 5.84% as of 11/02/2015's recent price of $17.56.
If you would have followed this BofA/Merrill's recommendation on NYCB, you would have gained 6.2% of your investment in 131 days.

New York Community Bancorp, Inc. is the holding company for New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank). The Company has 212 banking offices serving customers in all five boroughs of New York City, Long Island, and Westchester County in New York, and Essex, Hudson, Mercer, Middlesex, Monmouth, Ocean, and Union counties in New Jersey. The Community Bank has 177 locations that operate through five local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Garden State Community Bank. The Commercial Bank has 35 branches serving Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 18 branches of Atlantic Bank.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2015 10:25 AM Sell
None
18.65
as of 8/27/2015
1 Week up  1.62 %
1 Month up  5.99 %
3 Months up  5.84 %
1 YTD up  5.84 %

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