Berkshire Hills Bancorp Inc (NYSE: BHLB) stock enjoyed a major increase of 13.3% on 11/6/24. The shares closed at $31.19. Moreover, trading volume in this advance was exceptionally high at 315% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BHLB is expected to continue to be a modest Value Builder.
Berkshire Hills Bancorp 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 consistent signals. Berkshire Hills Bancorp has a good Appreciation Score of 75 and a very high Power Rating of 91, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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