Recent notable negative changes in fundamentals have affected Bancolombia SA Bancolombia, Colo (NYSE: CIB): the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in Bancolombia SA Bancolombia, Colo (NYSE: CIB) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CIB is expected to continue to be a modest Value Builder.
Bancolombia SA Bancolombia, Colo has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bancolombia SA Bancolombia, Colo has a very high Appreciation Score of 96 but a neutral Power Rating of 47, resulting in the Highest Value Trend Rating.
Recent Price Action
Bancolombia SA Bancolombia, Colo (NYSE: CIB) stock closed at $31.77 on 9/16/24 after a slight decline of -0.1%. However, trading volume in this decline was below average at 79% of normal. The stock has declined -1.3% during the last week and has performed in line with the market over the last nine months.
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