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Alesco Financial Inc (AFN) [hlAlert]

Rating:
Underperform
AFN
up 822.22 %

Alesco Financial Inc (AFN) downgraded to Underperform by RBC Capital Mkts

Posted on: Thursday,  May 8, 2008  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Underperform Alesco Financial Inc (NYSE: AFN) on 05/08/2008, when the stock price was $4.15.
Since then, Alesco Financial Inc has lost 89.16% as of 12/17/2009's recent price of $0.45.
If you would have followed this RBC Capital Mkts's recommendation on AFN, you would have gained 822.22% of your investment in 588 days.

Alesco Financial Inc. is a publicly owned real estate investment trust. The firm typically invests in real estate and other securities including trust-preferred securities, mortgage backed securities, and corporate loan obligation. Alesco Financial is based in Philadelphia, Pennsylvania.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/8/2008 8:25 AM Sell
None
4.15
as of 12/24/2008
1 Week up  6.66 %
1 Month up  10.63 %
3 Months up  22.22 %
1 YTD up  123.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2008 9:25 AM Hold
None
2.75 2.75
11/2/2007 9:25 AM Hold
None
3.62 4.00

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