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Enter Symbol:
 
Astoria Financial Corporation (AF) [hlAlert]

Rating:
Outperform
AF
down 41.28 %

Astoria Financial Corporation (AF) rated Outperform by Bear Stearns

Posted on: Thursday,  Jan 31, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Outperform Astoria Financial Corporation (NYSE: AF) on 01/31/2008, when the stock price was $27.18. Since
then, Astoria Financial Corporation has lost 41.28% as of 01/20/2016's recent price of $15.96.
If you would have followed this Bear Stearns's recommendation on AF, you would have lost 41.28% of your investment in 2911 days.

Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association, and its consolidated subsidiaries (collectively referred to as Astoria Federal). Astoria Federal?s primary business is attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in one- to-four family mortgage loans, multi-family mortgage loans, commercial real estate loans and mortgage-backed securities. To a lesser degree, Astoria Federal also invests in construction loans, and consumer and other loans, United States government, government agency and government-sponsored enterprise (GSE), securities and other investments permitted by federal banking laws and regulations.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 8:25 AM Buy
None
27.18
as of 12/24/2008
1 Week down  -20.48 %
1 Month down  -14.99 %
3 Months down  -28.49 %
1 YTD down  -70.19 %

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