On 11/6/24, Customers Bancorp Inc (NYSE: CUBI) stock enjoyed a major increase of 19.6%, closing at $55.56. Moreover, this advance was accompanied by exceptionally high trading volume at 276% of normal. The stock has risen 22.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CUBI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Customers 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. Customers Bancorp has a very high Appreciation Score of 92 but a neutral Power Rating of 43, triggering 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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