Banc of California Inc (NYSE: BANC) stock closed at $12.50 on 11/14/23 after a major increase of 10.0%. The stock has risen 1.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
BANC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Banc of California has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Banc of California has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 32, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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