On 4/25/24, Brookline Bancorp Inc (NASDAQ: BRKL) stock suffered a major decline of -11.7%, closing at $8.42. Moreover, trading volume in this decline was exceptionally high at 235% of normal. The stock has performed in line with the market over the last nine months and has declined -6.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BRKL is expected to continue to be a modest Value Builder.
Brookline Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Brookline Bancorp has a slightly positive Power Rating of 61 and a very high Appreciation Score of 88, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative 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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