On 9/19/24, Finward Bancorp (NASDAQ: FNWD) stock enjoyed a major increase of 10.0%, closing at $32.40. Moreover, trading volume in this advance was unusually high at 178% of normal. The stock has risen 17.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FNWD is expected to be Value Creation neutral.
Finward Bancorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Finward Bancorp has a neutral Appreciation Score of 43 but a good Power Rating of 83, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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