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Enter Symbol:
 
Regis Corporation (RGS) [hlAlert]

Rating:
Accumulate
RGS
down 2.87 %

Regis Corporation (RGS) upgraded to Accumulate with price target $21 by CL King

Posted on: Tuesday,  Jul 7, 2009  9:25 AM ET by CL King

CL King rated Accumulate Regis Corporation (NYSE: RGS) on 07/07/2009, when the stock price was $13.56. Since
then, Regis Corporation has lost 2.88% as of 12/29/2015's recent price of $13.17.
If you would have followed this CL King's recommendation on RGS, you would have lost 2.87% of your investment in 2366 days.

Regis Corporation is engaged in owning, operating and franchising hair and retail product salons. In addition to the primary hair and retail product salons, the Company owns Hair Club for Men and Women, a provider of hair restoration services. As of June 30, 2009, the Company owned, franchised or held ownership interests in over 12,900 worldwide locations. The Company's locations consisted of 10,026 Company-owned and franchise salons, 95 hair restoration centers, and 2,804 locations. The Company's hair restoration centers offer three hair restoration solutions: hair systems, hair transplants and hair therapy. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company constructed 275 new salons and acquired 177 Company-owned salons, including 83 franchise salon buybacks, and closed 313 salons. On February 16, 2009, the Company sold Trade Secret salon concept.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/7/2009 9:25 AM Buy
None
13.56 21.00
as of 12/31/2009
1 Week up  9.86 %
1 Month up  10.98 %
3 Months up  12.12 %
1 YTD up  28.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2008 2:25 PM Hold
None
12.07

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