Eagle Bancorp Inc (NASDAQ: EGBN) stock enjoyed a major increase of 15.5% on 10/24/24. The shares closed at $26.88. Moreover, this advance was accompanied by exceptionally high trading volume at 211% of normal. The stock has risen 8.6% during the last week but has been weak relative to the market over the last nine months.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Eagle Bancorp has a neutral Power Rating of 57 but a very high Appreciation Score of 86, 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