GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
American Campus Communities Inc (ACC) [hlAlert]

Rating:
Hold ACC

American Campus Communities Inc (ACC) downgraded to Hold by Argus

Posted on: Wednesday,  Oct 27, 2010  4:25 PM ET by Argus

Argus rated Hold American Campus Communities Inc (NYSE: ACC) on 10/27/2010. Previously Argus rated Buy American Campus
Communities Inc (NYSE: ACC) on 02/22/2010., when the stock price was $28.12. Since then, American Campus Communities Inc has gained 13.98% of its value until Argus rated ACC Buy on 10/27/2010, when the price was $32.05. .

American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT). The Company specializes in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. American Campus Communities conducts its business through a controlling interest in American Campus Communities Operating Partnership LP (the Operating Partnership). As of December 31, 2008, its property portfolio contained 86 student housing properties with approximately 52,800 beds and approximately 17,200 apartment units, including 40 properties containing approximately 23,500 beds and approximately 7,500 units added as a result of its acquisition of the student housing business of GMH Communities Trust (GMH) on June 11, 2008. Its property portfolio consisted of 80 owned off-campus properties, two American Campus Equity (ACETM) properties and four on-campus participating properties.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2012 8:25 AM Buy
None
41.07 46.00
as of 12/31/2010
1 Week   
1 Month   
3 Months up  5.28 %
1 YTD up  13.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 4:25 PM Hold
None
32.05
2/22/2010 8:25 AM Buy
None
28.12 32.00

(*) 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