On 11/6/24, Old Second Bancorp Inc (NASDAQ: OSBC) stock enjoyed a major increase of 10.3%, closing at $18.39. Moreover, this advance was accompanied by exceptionally high trading volume at 448% of normal. The stock has been strong relative to the market over the last nine months and has risen 10.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, OSBC is expected to continue to be a Value Builder.
Old Second Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Old Second Bancorp has a good Appreciation Score of 73 and a good Power Rating of 76, resulting in 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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