Deutsche Bank downgraded CHIMERA INVESTMENT CORPORATION (NYSE: CIM) to Hold with price target $15.50. Previously, Deutsche Bank rated CHIMERA INVESTMENT CORPORATION (NYSE: CIM) to Buy with price target $3.75 on 08/08/2011, when the stock price was valued at $74.25. Since then, CHIMERA INVESTMENT CORPORATION's stock price has lost 81% as of 08/12/2015's recent price of $14.02.
If you had followed Deutsche Bank's previous recommendation on CIM, you would have lost 81% of your investment in 1465 days.

Chimera Investment Corporation is a specialty finance company that invests in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company (FIDAC). The Company's targeted asset classes and the principal investments it expects to make includes RMBS comprising agency and non-agency RMBS, residential mortgage loans consisting of prime mortgage loans, jumbo mortgage loans, and Alt-A mortgage loans and other asset backed securities (ABS) consisting of debt and equity tranches of collateralized debt obligations (CDOs), commercial mortgage backed securities (CMBS) and consumer and non-consumer ABS.

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.

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