On 8/23/24, Eagle Bancorp Inc (NASDAQ: EGBN) stock enjoyed a major increase of 10.7%, closing at $22.09. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months but has risen 11.5% during the last week.
Current PriceTarget Research Rating
EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Eagle 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 very contradictory signals. Eagle Bancorp has a very high Appreciation Score of 88 but a very low Power Rating of 8, triggering the 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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