Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Bread Financial Holdings Inc (NYSE: BFH) improved of late. BFH’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Bread Financial Holdings Inc (NYSE: BFH) stock closed at $38.92 on 3/8/24 after a large increase of 4.0%. Moreover, exceptionally high trading volume at 267% of normal accompanied the advance. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BFH is expected to continue to be an important Value Builder.
Bread Financial Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Bread Financial Holdings has a very high Appreciation Score of 92 but a neutral Power Rating of 50, with the Positive Value Trend Rating the result.
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