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Home Inns & Hotels Management Inc. (HMIN) [hlAlert]

down 38.98 %

Home Inns & Hotels Management Inc. (HMIN) rated Buy with price target $55 by Deutsche Bank

Posted on: Wednesday,  Aug 18, 2010  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Home Inns & Hotels Management Inc. (NASDAQ: HMIN) on 08/18/2010, when the stock price was $45.07.
Since then, Home Inns & Hotels Management Inc. has lost 38.98% as of 01/21/2016's recent price of $27.50.
If you would have followed this Deutsche Bank's recommendation on HMIN, you would have lost 38.98% of your investment in 1982 days.

Home Inns & Hotels Management Inc. (Hotel Inns) is an economy hotel chain in China. The Company develops and operates economy hotels across China under its Home Inn brand. The Company either leases real estate properties, on which it develops and operates hotels or it franchises its brand to hotel owners or manages these hotel properties. The Company refers to the former type of hotels as leased-and-operated hotels and to the latter type of hotels as franchised-and-managed hotels. As of December 31, 2008, the Company?s Home Inns hotel chain consisted of 326 leased-and-operated hotels in operation with an additional 54 leased-and-operated hotels under development and 145 franchised-and-managed hotels in operation with an additional 60 franchised-and-managed hotels under development, covering 108 cities in China.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/18/2010 1:25 PM Buy
45.07 55.00
as of 12/31/2010
1 Week down  -12.79 %
1 Month down  -22.68 %
3 Months down  -25.65 %
1 YTD down  -18.32 %

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