On 11/6/24, NBT Bancorp Inc (NASDAQ: NBTB) stock enjoyed a major increase of 13.0%, closing at $50.79. Moreover, trading volume in this advance was exceptionally high at 294% of normal. The stock has risen 12.1% 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, NBTB is expected to continue to be a Value Builder.
NBT Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. NBT Bancorp has a slightly positive Appreciation Score of 65 and a very high Power Rating of 98, 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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