ServisFirst Bancshares Inc (NYSE: SFBS) stock enjoyed a major increase of 13.0% on 7/16/24. The shares closed at $80.07. Moreover, this advance was accompanied by exceptionally high trading volume at 603% of normal. Relative to the market the stock has been strong over the last nine months and has risen 32.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SFBS is expected to continue to be a Value Builder.
ServisFirst Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ServisFirst Bancshares has a neutral Appreciation Score of 55 but a good Power Rating of 74, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment