On 11/6/24, United Bankshares Inc (NASDAQ: UBSI) stock enjoyed a major increase of 12.8%, closing at $42.59. Moreover, trading volume in this advance was exceptionally high at 373% of normal. Relative to the market the stock has been strong over the last nine months and has risen 11.8% during the last week.
Current PriceTarget Research Rating
UBSI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
United Bankshares has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. United Bankshares has a slightly positive Appreciation Score of 64 and a good Power Rating of 72, with the Positive Value Trend Rating the result.
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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