Stock Rating Downgrade
In the last week the Value Trend Rating for PacWest Bancorp (NYSE: PACW) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 8/9/24, PacWest Bancorp (NYSE: PACW) stock declined slightly by -0.4%, closing at $13.08. However, this decline was accompanied by unusually low trading volume at 56% of normal. The stock has performed in line with the market over the last nine months and has declined -0.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PACW is expected to continue to be an important Value Builder.
PacWest Bancorp has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. PacWest Bancorp has a good Appreciation Score of 70 but a neutral Power Rating of 40, and the Neutral Value Trend Rating results.
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