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Associated Estates Realty Corporation (AEC) [hlAlert]

Rating:
Buy AEC
up 430.44 %

Associated Estates Realty Corporation (AEC) rated Buy with price target $10 by Benchmark

Posted on: Tuesday,  Aug 25, 2009  8:25 AM ET by Benchmark

Benchmark rated Buy Associated Estates Realty Corporation (NYSE: AEC) on 08/25/2009. Previously Benchmark rated Buy Associated Estates Realty Corporation (NYSE: AEC) on
07/16/2009., when the stock price was $5.42. Since then, Associated Estates Realty Corporation has gained 430.44% as of 08/06/2015's recent price of $28.75.
If you would have followed the previous Benchmark's recommendation on AEC, you would have gained 430.44% of your investment in 2212 days.

Associated Estates Realty Corporation (AERC) is an integrated multifamily real estate company engaged in property acquisition, advisory, development, management, disposition, operation and ownership activities. As of December 31, 2008, the Company?s property portfolio included 50 owned apartment communities containing 12,672 units in eight states, three apartment communities that it manages for third party owners consisting of 616 units and a 186-unit apartment community and a commercial property containing approximately 145,000 square feet that it asset manages. The Company has three segments: Acquisition/Disposition Multifamily Properties, Same Community Multifamily Properties and Management and Service Operations.

The Benchmark Company, LLC is a full-service Broker Dealer dedicated to meeting the needs of institutional and private clients. Operating from offices in New York, Boston, San Francisco, Philadelphia, Los Angeles and San Diego, Benchmark is committed to the highest standards of performance and service. This is a clear message to our clients that the company will continue to distinguish itself through outstanding service into the future.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/25/2009 8:25 AM Buy
None
8.02 10.00
as of 12/31/2009
1 Week up  31.00 %
1 Month up  46.25 %
3 Months up  50.20 %
1 YTD up  80.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2009 8:25 AM Buy
None
5.42 8.00

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