On 11/6/24, Glacier Bancorp Inc (NYSE: GBCI) stock enjoyed a major increase of 11.1%, closing at $57.89. Moreover, this advance was accompanied by exceptionally high trading volume at 292% of normal. The stock has risen 10.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GBCI is expected to continue to be a modest Value Builder.
Glacier Bancorp 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. Glacier Bancorp has a slightly positive Appreciation Score of 61 and a very high Power Rating of 94, 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.
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