ServisFirst Bancshares Inc (NYSE: SFBS) stock enjoyed a major increase of 11.4% on 11/6/24. The shares closed at $96.27. Moreover, this advance was accompanied by exceptionally high trading volume at 370% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SFBS is expected to continue to be a Value Builder.
ServisFirst Bancshares 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 inconsistent signals. ServisFirst Bancshares has a neutral Appreciation Score of 50 but a very high Power Rating of 98, triggering 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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