, Tracking Stock Market Picks
Enter Symbol:
Americredit Corporation (ACF) [hlAlert]

up 34.45 %

Americredit Corporation (ACF) downgraded to Underperform by Keefe Bruyette

Posted on: Friday,  Apr 16, 2010  8:25 AM ET by Keefe Bruyette

Keefe Bruyette rated Underperform Americredit Corporation (NYSE: ACF) on 04/16/2010, when the stock price was $25.60. Since
then, Americredit Corporation has lost 25.63% as of 09/30/2010's recent price of $19.04.
If you would have followed this Keefe Bruyette's recommendation on ACF, you would have gained 34.45% of your investment in 167 days.

AmeriCredit Corp. is an auto finance company operating in the automobile finance business. The Company purchases auto finance contracts for new and used vehicles purchased by consumers from franchised and select independent automobile dealerships in its dealership network. The Company targets consumers who are unable to obtain financing from banks, credit unions and manufacturer captive auto finance companies. Funding for the Company's auto lending activities is obtained through the utilization of its credit facilities and securitization transactions. The Company services its loan portfolio at regional centers using automated loan servicing and collection systems. The Company sources its business primarily through its relationships with auto dealers, which are maintained through its regional credit centers, marketing representatives (dealer relationship managers) and alliance relationships.

KBW produces industry-leading research on more financial services companies than any other brokerage firm. Our Research Group follows the majority of the financial services companies in the S&P 500 and Dow Jones STOXX 600 Index, as well as hundreds of other U.S. and European financial services companies on a daily basis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2010 8:25 AM Sell
as of 12/31/2010
1 Week   
1 Month   
3 Months down  -54.90 %
1 YTD up  4.45 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2009 8:25 AM Hold
4.25 6.00
10/28/2008 8:25 AM Sell
5.91 3.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy