Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $17 Analysts' Targets Lehman Brothers $15 Overweight Wednesday, July 02, 2008 UBS Securities $21 Hold Monday, March 24, 2008 BMO Capital Markets $13 Market Perform Monday, March 24, 2008 BWS Financial $20 Buy Monday, March 24, 2008 BWS Financial $20 Buy Monday, March 24, 2008 CIT Group, Inc., a commercial finance company, provides a set of financial products and services worldwide. Its products primarily include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; project financing; small business loans; transportation finance; and letters of credit/trade acceptances. The company’s services primarily comprise financial risk management; asset management and servicing; merger and acquisition advisory services; debt restructuring; credit protection; accounts receivable collection; commercial real estate advisory services; debt underwriting and syndication; insurance; and capital markets structuring. CIT Group offers its products and services primarily to small, middle-market, and large companies in the manufacturing, transportation, retailing, wholesaling, healthcare, communications, energy, media and entertainment, apparel, textile, furniture, home furnishings, electronics, and various service-related industries. The company was founded in 1908 and is based in New York, New York.
$7.61 (07/12/08)
