On 12/14/23, Live Oak Bancshares Inc (NYSE: LOB) stock enjoyed a major increase of 10.9%, closing at $43.98. Moreover, trading volume in this advance was exceptionally high at 385% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 21.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LOB is expected to continue to be a modest Value Builder.
Live Oak Bancshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Live Oak Bancshares has a neutral Appreciation Score of 56 but a very high Power Rating of 95, leading to 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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