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Garmin Ltd. (GRMN) [hlAlert]

Rating:
Sector Perform
GRMN

Garmin Ltd. (GRMN) rated Sector Perform with price target $52 by RBC Capital Mkts

Posted on: Thursday,  Feb 23, 2012  11:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform Garmin Ltd. (NASDAQ: GRMN) on 02/23/2012. Previously RBC Capital Mkts rated Underperform Garmin Ltd. (NASDAQ: GRMN)
on 11/05/2009., when the stock price was $27.44. Since then, Garmin Ltd. has gained 22.41% as of 01/08/2010's recent price of $33.59.
If you would have followed the previous RBC Capital Mkts's recommendation on GRMN, you would have lost 18.3% of your investment in 64 days.

Garmin International is designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation. Specifically, the company aims to enrich the lives of customers, suppliers, distributors, and employees by providing the very best products that offer superior quality, safety, and operational features at affordable prices.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/23/2012 11:25 AM Hold
None
48.93 52.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2011 9:25 AM Hold
None
36.03 38.00
5/5/2011 8:25 AM Hold
None
34.77 35.00
2/24/2011 8:25 AM Hold
None
31.42 33.00
2/25/2010 12:25 PM Hold
None
31.25 40.00
1/8/2010 9:25 AM Hold
None
33.59 33.00
11/5/2009 9:25 AM Sell
None
27.44
1/26/2009 8:25 AM Hold
None
18.29
10/6/2008 10:25 AM Sell
None
26.97 20.00
9/23/2008 10:25 AM Hold
None
35.15 40.00
7/16/2008 8:25 AM Hold
None
44.03 45.00

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