Northeast Bank (NASDAQ: NBN) stock enjoyed a major increase of 11.4% on 11/6/24. The shares closed at $102.31. Moreover, trading volume in this advance was exceptionally high at 246% of normal. The stock has risen 16.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NBN is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northeast Bank has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northeast Bank has a good Appreciation Score of 71 and a very high Power Rating of 95, 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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