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Old Point Financial Corporation (OPOF) [hlAlert]

Rating:
Buy OPOF
down 9.70 %

Old Point Financial Corporation (OPOF) rated Buy with price target $22 by Davenport

Posted on: Friday,  Dec 12, 2008  9:25 AM ET by Davenport

Davenport rated Buy Old Point Financial Corporation (NASDAQ: OPOF) on 12/12/2008, when the stock price was $17.20. Since
then, Old Point Financial Corporation has lost 9.71% as of 08/27/2015's recent price of $15.53.
If you would have followed this Davenport's recommendation on OPOF, you would have lost 9.7% of your investment in 2449 days.

Old Point Financial Corporation was incorporated for the purpose of acquiring all the outstanding common stock of The Old Point National Bank of Phoebus. The bank provides a full range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, commercial, industrial, residential real estate and consumer loan services, safekeeping services.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2008 9:25 AM Buy
None
17.20 22.00
as of 12/24/2008
1 Week down  -0.71 %
1 Month down  -5.12 %
3 Months   
1 YTD down  -5.12 %

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