Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Hope Bancorp Inc (NASDAQ: HOPE) weakened in the last week. HOPE’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Hope Bancorp Inc (NASDAQ: HOPE) stock declined by -2.1% on 3/28/25. The shares closed at $10.42. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Hope Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hope Bancorp has a good Appreciation Score of 83 but a slightly negative Power Rating of 39, with the High Neutral Value Trend Rating the result.
Be the first to comment