Live Oak Bancshares Inc (NYSE: LOB) stock closed at $33.25 on 11/14/23 after a major increase of 11.0%. The stock has risen 6.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LOB is expected to continue to be a modest Value Builder.
Live Oak Bancshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Live Oak Bancshares has a slightly positive Appreciation Score of 61 and a very high Power Rating of 86, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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