Territorial Bancorp Inc (NASDAQ: TBNK) stock enjoyed a major increase of 10.4% on 12/14/23. The shares closed at $10.60. Moreover, this advance was accompanied by exceptionally high trading volume at 207% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 23.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, TBNK is expected to continue to be Value Creation neutral.
Territorial Bancorp has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Territorial Bancorp has a good Appreciation Score of 85 but a very low Power Rating of 1, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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