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Colonial Properties Trust (CLP) [hlAlert]

Rating:
Buy CLP
down 12.82 %

Colonial Properties Trust (CLP) rated Buy by BB&T Capital Mkts

Posted on: Wednesday,  Apr 2, 2008  8:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Colonial Properties Trust (NYSE: CLP) on 04/02/2008, when the stock price was $25.66.
Since then, Colonial Properties Trust has lost 12.82% as of 10/01/2013's recent price of $22.37.
If you would have followed this BB&T Capital Mkts's recommendation on CLP, you would have lost 12.82% of your investment in 2008 days.

Colonial Properties Trust (Colonial) is a multifamily real estate investment trust (REIT) that creates additional value for its shareholders by managing commercial assets through joint venture investments and pursuing development opportunities. As of March 31, 2008, the Company owned or managed 38,822 apartment units, 16.2 million square feet of office space and 8.1 million square feet of retail shopping space located in principal Sunbelt states from Virginia to Nevada. On January 16, 2008, Colonial acquired the remaining 75% interest in a 270-unit multifamily apartment community, Colonial Village at Matthews, located in Charlotte, North Carolina.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/2/2008 8:25 AM Buy
None
25.66
as of 12/24/2008
1 Week up  6.89 %
1 Month up  70.70 %
3 Months down  -3.84 %
1 YTD down  -69.79 %

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