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Bankatlantic Bancorp, Inc. (BBX) [hlAlert]

Rating:
Buy BBX
down 87.19 %

Bankatlantic Bancorp, Inc. (BBX) rated Buy with price target $6 by Sterne Agee

Posted on: Tuesday,  Apr 29, 2008  2:25 PM ET by Sterne Agee

Sterne Agee rated Buy Bankatlantic Bancorp, Inc. (NYSE: BBX) on 04/29/2008. Previously Sterne Agee rated Buy Bankatlantic Bancorp, Inc. (NYSE: BBX) on
01/30/2008., when the stock price was $125.25. Since then, Bankatlantic Bancorp, Inc. has lost 87.19% as of 09/04/2015's recent price of $16.04.
If you would have followed the previous Sterne Agee's recommendation on BBX, you would have lost 87.19% of your investment in 2774 days.

BankAtlantic Bancorp, Inc. is a Florida-based bank holding company and owns BankAtlantic and its subsidiaries. BankAtlantic provides a line of products and services encompassing retail and business banking. The Company reports its operations through two business segments consisting of BankAtlantic and BankAtlantic Bancorp, the Parent Company. BankAtlantic is a federally-chartered, federally-insured savings bank. It provides traditional retail banking services and a range of business banking products and related financial services through a network of more than 100 branches or stores in southeast and central Florida and the Tampa Bay area, primarily in the metropolitan areas surrounding the cities of Miami, Ft. Lauderdale, West Palm Beach and Tampa, which are located in the heavily-populated Florida counties of Miami-Dade, Broward, Palm Beach, Hillsborough and Pinellas.

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
4/29/2008 2:25 PM Buy
None
76.75 150.00
as of 12/24/2008
1 Week down  -15.86 %
1 Month down  -5.00 %
3 Months down  -18.57 %
1 YTD down  -90.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 1:25 PM Buy
None
125.25 162.50

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