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Associated Estates Realty Corporation (AEC) [hlAlert]

Rating:
Buy AEC
up 174.07 %

Associated Estates Realty Corporation (AEC) rated Buy by Janney Mntgmy Scott

Posted on: Friday,  Dec 18, 2009  9:25 AM ET by Janney Mntgmy Scott

Janney Mntgmy Scott rated Buy Associated Estates Realty Corporation (NYSE: AEC) on 12/18/2009, when the stock price was $10.49.
Since then, Associated Estates Realty Corporation has gained 174.07% as of 08/06/2015's recent price of $28.75.
If you would have followed this Janney Mntgmy Scott's recommendation on AEC, you would have gained 174.07% of your investment in 2057 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.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2009 9:25 AM Buy
None
10.49
as of 12/31/2009
1 Week up  31.00 %
1 Month up  37.75 %
3 Months   
1 YTD up  37.75 %

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