Zacks Investment Research downgraded shares of CASH STORE FINL (CSFS) from NEUTRAL to UNDERPERFORM on August 16, 2012, with a target price of $5.50.
Cash Store Financial Services Inc. is a provider of alternative financial products and services. The Company operates brands like – The Cash Store and Instaloans – offering customers an option to traditional lending institutions. The Cash Store and Instaloans act as brokers to facilitate short-term advances and as a provider of other financial services to income-earning consumers who may not be able to obtain the services from traditional banks. Cash Store Financial provides a private-label debit card and a prepaid MasterCard, as well as other financial services, including bank accounts through its partnership with DC bank. Cash Store Financial Services Inc. is headquartered in Edmonton, Alberta.
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