Alert: Major Price Advance (11/6/24)-Bread Financial Holdings Inc (NYSE: BFH).

out_logo_500#34235.jpg

Bread Financial Holdings Inc (NYSE: BFH) stock closed at $62.77 on 11/6/24 after a major increase of 19.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 286% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 25.3% during the last week.

out_mm#34235.jpg

Current PriceTarget Research Rating

BFH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Bread Financial Holdings 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 highly consistent signals. Bread Financial Holdings has a good Power Rating of 84 and a very high Appreciation Score of 86, with the Highest Value Trend Rating the result.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*