Bank of Marin Bancorp (NASDAQ: BMRC) stock enjoyed a major increase of 15.9% on 11/6/24. The shares closed at $26.06. Moreover, trading volume in this advance was unusually high at 161% of normal. The stock has risen 13.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
BMRC is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Bank of Marin Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank of Marin Bancorp has a neutral Appreciation Score of 56 but a very high Power Rating of 90, producing 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.
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