Xencor Inc (NASDAQ: XNCR) stock enjoyed a major increase of 14.3% on 5/1/24. The shares closed at $23.93. Moreover, trading volume in this advance was exceptionally high at 254% of normal. The stock has performed in line with the market over the last nine months and has risen 30.3% during the last week.
Current PriceTarget Research Rating
XNCR’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Xencor has a current Value Trend Rating of D (Negative). This VT Rating improved modestly in recent days from F previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Xencor has a neutral Power Rating of 48 but a poor Appreciation Score of 19, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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