Stock Rating Upgrade
In the last week the Value Trend Rating for Stock Yards Bancorp Inc (NASDAQ: SYBT) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Stock Yards Bancorp Inc (NASDAQ: SYBT) stock closed at $41.18 on 9/11/20 after a decline of -1.2%. However, unusually low trading volume at 58% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -6.2% during the last week.
Current PriceTarget Research Rating
SYBT is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Stock Yards Bancorp has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Stock Yards Bancorp has a poor Appreciation Score of 26 but a neutral Power Rating of 55, and the Low Neutral Value Trend Rating results.