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VIRGIN MOBILE USA INC (VM) [hlAlert]

Rating:
Buy VM
down 42.69 %

VIRGIN MOBILE USA INC (VM) rated Buy with price target $20 by UBS

Posted on: Friday,  Aug 8, 2008  11:25 AM ET by UBS

UBS rated Buy VIRGIN MOBILE USA INC (NYSE: VM) on 08/08/2008, when the stock price was $2.67. Since
then, VIRGIN MOBILE USA INC has lost 42.70% as of 11/24/2009's recent price of $1.53.
If you would have followed this UBS's recommendation on VM, you would have lost 42.69% of your investment in 473 days.

VM Materiaux SA is a France-based company that is principally engaged in the manufacture, distribution, trading and installation of materials and equipment for the building and construction industries. The Company is engaged in three complementary activities: building material trading (75%), the production of pre-cast and ready-mix concrete (12%) and the production of joinery items (13%). VM Materiaux SA serves building industry professionals and do-it-yourself clients. Its industrial concrete activities are carried out by 25 plants, which deliver approximately 700,000 cubic meters of ready-to-use concrete per year. Atlantem is the Company's industrial joinery division. The Company has 116 agencies, of which 22 are in overseas French territories. VM Materiaux operates through several subsidiaries, including Financiere VM Beton, VM Asia Limited, Financiere VM Distribution and Financiere Blavet, among others.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2008 11:25 AM Buy
None
2.67 20.00
as of 12/24/2008
1 Week down  -20.75 %
1 Month up  53.28 %
3 Months up  159.25 %
1 YTD down  -21.34 %

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