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Capitalsouth Bancorp (CAPB) [hlAlert]

Rating:
Buy CAPB
down 99.76 %

Capitalsouth Bancorp (CAPB) rated Buy with price target $10 by Sterne Agee

Posted on: Monday,  Mar 17, 2008  8:25 AM ET by Sterne Agee

Sterne Agee rated Buy Capitalsouth Bancorp (OTCBB: CAPB) on 03/17/2008, when the stock price was $7.75. Since
then, Capitalsouth Bancorp has lost 99.77% as of 08/27/2015's recent price of $0.02.
If you would have followed this Sterne Agee's recommendation on CAPB, you would have lost 99.76% of your investment in 2719 days.

CapitalSouth Bancorp is a bank holding company operating nine full service banking offices and one loan production office through two bank subsidiaries as follows: CapitalSouth Bank with seven full service banking offices in Birmingham and Huntsville Alabama, and Jacksonville Florida, as well as a loan production office in Fort Lauderdale Florida; and Capital Bank with two full service banking offices in Montgomery Alabama. CapitalSouth targets small to medium-sized businesses in the markets it serves. Two of CapitalSouth Bank's offices operate under the name `Banco Hispano` and provide financial services to the growing Latino community prevalent in their areas. CapitalSouth offers SBA lending services and other similar programs for business owners through its Business Capital Group, which operates through full-service offices as well as the loan production offices.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2008 8:25 AM Buy
None
7.75 10.00
as of 12/24/2008
1 Week down  -51.36 %
1 Month down  -60.73 %
3 Months down  -57.20 %
1 YTD down  -54.46 %

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