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CASTLE A M AND CO (CAS) [hlAlert]

Rating:
Neutral CAS

CASTLE A M AND CO (CAS) downgraded to Neutral with price target $11 by Davenport

Posted on: Wednesday,  Jul 29, 2009  11:25 AM ET by Davenport

Davenport rated Neutral CASTLE A M AND CO (NYSE: CAS) on 07/29/2009. Previously Davenport rated Buy CASTLE A
M AND CO (NYSE: CAS) on 07/30/2008., when the stock price was $19.11. Since then, CASTLE A M AND CO has lost 45.42% of its value until Davenport rated CAS Buy on 07/29/2009, when the price was $10.43. .

A. M. Castle & Co. is one of North America's largest, independent metalsservice center companies. They emphasis the more highly engineered grades and alloys of metals and have strong service commitments.

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
5/24/2010 2:25 PM Buy
None
14.14 18.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -3.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2009 11:25 AM Hold
None
10.43 11.00
7/30/2008 1:25 PM Buy
None
19.11 33.00
4/30/2008 1:25 PM Buy
None
31.42 45.00
1/9/2008 12:25 PM Buy
None
23.43 37.00
10/29/2007 3:25 PM Buy
None
28.26 45.00
8/14/2007 1:25 PM Buy
None
30.99 48.00

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