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Enter Symbol:
 
Xl Capital (XL) [hlAlert]

Rating:
Neutral XL
down 87.75 %

Xl Capital (XL) downgraded to Neutral by Banc of America Sec

Posted on: Friday,  Oct 31, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Neutral Xl Capital (NYSE: XL) on 10/31/2008. Previously Banc of America Sec rated Buy Xl Capital (NYSE: XL)
on 10/10/2007., when the stock price was $81.25. Since then, Xl Capital has lost 87.75% as of 10/31/2008's recent price of $9.95.
If you would have followed the previous Banc of America Sec's recommendation on XL, you would have lost 87.75% of your investment in 387 days.

LX Capital Limited, through its subsidiaries, provides excess liability insurance coverage to industrial, commercial and other enterprises, directors and officers of such enterprises, professional firms, high excess property coverage, and the assumption of reinsurance contracts on a worldwide basis. The company's strategy is to be the premier provider of strategic financial risk solutions to specific global markets by applying intellectual and financial capital to assure its customers' economic vitality and enhance their competitive positions.

Integrity, objectivity and originality are cornerstones of the value–added research that we offer to corporate and institutional clients. As thought leaders, our goal is to help clients understand and adapt to changing economic conditions and events that drive markets, currencies, industries and companies worldwide. And we deliver innovative ideas based on rigorous primary research, sound principles and clear vision. Our research teams are organized by areas of expertise, from equities, fixed income and emerging markets to foreign exchange and global financial risk advisory – featuring many of the industry’s most respected analysts and economists. Through our private, password–protected Web portal, our clients have access to a comprehensive array of timely research and commentary, including: * U.S. and global economic updates and indicators * Federal budget and fiscal policy * Industry outlooks * Stock coverage and picks * Financial market strategies * Corporate bond issuer risk analysis
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2008 8:25 AM Hold
None
9.95
as of 12/24/2008
1 Week up  9.80 %
1 Month up  66.54 %
3 Months up  189.75 %
1 YTD down  -80.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2007 9:25 AM Buy
None
81.25 96.00

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