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3 pts

Opinion on  South Financial Group Inc. (TSFG)     Sector: Financial  >  Industry: Regional Banks
Bearish on TSFG ...

Jul 04, 2008 07:18 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

The South Financial Group, Inc. operates as the holding company for Carolina First Bank and Mercantile Bank that provide a range of financial products and services to consumers in South Carolina, Florida, and North Carolina. The company offers various financial products and services, including banking, merchant processing, mortgage, treasury services, and wealth management, which consists of benefits administration, insurance, private banking, retail investment, and trust and investment management services. It also provides Internet banking services, such as bill payment services. As of December 31, 2007, The South Financial Group operated through 79 branch offices in South Carolina, 66 in Florida, and 27 in North Carolina. The company was founded in 1986 and is headquartered in Greenville, South Carolina. nalysts' Recommendation: Hold 30 Days Ago: Hold Analysts' Target: $14 Analysts' Targets Needham & Co. $10 Sell Thursday, April 03, 2008 Keefe Bruyette & Woods $16 Hold/Mkt Performer Monday, January 28, 2008 Lehman Brothers $20 Underweight Friday, January 04, 2008 TSFG Market Data Currency US Dollars Share Price $3.63 Change Today -$0.38 52 Week High $24.73 52 Week Low $3.61 Volume 805,410 Beta 1.58 RiskGrade 444 What The Brokers Say Strong Buy 3 Buy 0 Neutral 10 Sell 0 Strong Sell 3 Total 16 Trades for 03-Jul-2008 Time Volume / Share Price 12:59 100 @ $3.62 12:59 214 @ $3.62 12:59 100 @ $3.62 12:59 100 @ $3.62 12:59 300 @ $3.62


TSFG:  This call was made on 07/04/08 @ $3.63
Rating:   Negative   $3.63 (07/04/08)
Gain/Loss:   +83.47% in 505 days


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