Recent significant positive changes in fundamentals have benefitted Community Bank System Inc. (NYSE: CBU): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
Important positive changes in Community Bank System Inc. (NYSE: CBU) investment behavior have recently occurred: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
CBU is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Community Bank System has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Community Bank System has a neutral Appreciation Score of 45 but a good Power Rating of 76, triggering the High Neutral Value Trend Rating.
Recent Price Action
Community Bank System Inc. (NYSE: CBU) stock closed at $61.16 on 8/30/24 after a modest gain of 0.6%. However, below average trading volume at 75% of normal accompanied the advance. The stock has risen 3.8% during the last week and has been strong relative to the market over the last nine months.
Be the first to comment