On 11/6/24, Upbound Group Inc (NASDAQ: UPBD) stock enjoyed a major increase of 10.3%, closing at $34.09. Moreover, unusually high trading volume at 155% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 27.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, UPBD is expected to continue to be a major Value Builder.
Upbound Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Upbound Group has a neutral Power Rating of 58 but a good Appreciation Score of 72, triggering the Positive Value Trend Rating.
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.
Be the first to comment