Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock enjoyed a major increase of 11.0% on 11/14/23. The shares closed at $22.37. The stock has been weak relative to the market over the last nine months but has risen 6.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PPBI is expected to continue to be a modest Value Builder.
Pacific Premier Bancorp has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Pacific Premier Bancorp has a good Appreciation Score of 73 but a poor Power Rating of 23, triggering the Low 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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