Texas Capital Bancshares Inc (NASDAQ: TCBI) stock closed at $85.48 on 11/6/24 after a major increase of 10.8%. Moreover, exceptionally high trading volume at 343% of normal accompanied the advance. The stock has risen 10.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TCBI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Texas Capital 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 complementary signals. Texas Capital Bancshares has a slightly positive Appreciation Score of 69 and a very high Power Rating of 94, and the Highest Value Trend Rating results.
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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