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Lasalle Hotel Properties (LHO) [hlAlert]

Rating:
Sell LHO
down 66.87 %

Lasalle Hotel Properties (LHO) downgraded to Sell by UBS

Posted on: Monday,  Apr 27, 2009  8:25 AM ET by UBS

UBS rated Sell Lasalle Hotel Properties (NYSE: LHO) on 04/27/2009, when the stock price was $10.63. Since
then, Lasalle Hotel Properties has gained 201.88% as of 01/21/2016's recent price of $32.09.
If you would have followed this UBS's recommendation on LHO, you would have lost 66.87% of your investment in 2460 days.

Lasalle Hotel Properties, which intends to operate as a real estate investment trust for federal income tax purposes, has been formed to own hotel properties and to continue and expand the hotel investment activities of LaSalle Partners Incorporated and certain of its affiliates collectively, LaSalle. LaSalle is an institutionally respected real estate services and investment firm which has extensive experience in the acquisition, investment management, finance, development and disposition of hotel properties.

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
4/27/2009 8:25 AM Sell
None
10.63
as of 12/31/2009
1 Week down  -26.00 %
1 Month down  -50.34 %
3 Months down  -42.47 %
1 YTD down  -212.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/23/2009 11:25 AM Hold
None
5.63 5.00
7/25/2008 10:25 AM Buy
None
22.16 28.50

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