Dime Community Bancshares Inc (NASDAQ: DCOM) stock enjoyed a major increase of 15.0% on 11/6/24. The shares closed at $34.66. Moreover, trading volume in this advance was exceptionally high at 340% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.4% during the last week.
Current PriceTarget Research Rating
DCOM is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Dime Community Bancshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Dime Community Bancshares has a slightly positive Appreciation Score of 60 and a very high Power Rating of 99, and the Highest Value Trend Rating results.
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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