On 11/6/24, Hingham Institution for Savings (NASDAQ: HIFS) stock enjoyed a major increase of 13.5%, closing at $294.99. Moreover, exceptionally high trading volume at 234% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.9% during the last week.
Current PriceTarget Research Rating
HIFS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Hingham Institution for Savings has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hingham Institution for Savings has a neutral Appreciation Score of 53 but a very high Power Rating of 95, leading to 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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