On 11/6/24, Nicolet Bankshares Inc (NYSE: NIC) stock enjoyed a major increase of 11.4%, closing at $115.00. Moreover, this advance was accompanied by exceptionally high trading volume at 628% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NIC is expected to be a modest Value Builder.
Nicolet Bankshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Nicolet Bankshares has a slightly positive Appreciation Score of 68 and a good Power Rating of 79, leading to 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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