Extremely significant positive changes in WesBanco Inc (NASDAQ: WSBC) investment behavior have recently occurred: its shorter term price trend turned up, and its longer term price trend turned up.
Recent notable positive changes in fundamentals have benefitted WesBanco Inc (NASDAQ: WSBC): the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, WSBC is expected to continue to be a modest Value Builder.
WesBanco has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. WesBanco has a good Power Rating of 72 and a very high Appreciation Score of 90, triggering the Highest Value Trend Rating.
Recent Price Action
WesBanco Inc (NASDAQ: WSBC) stock increased 1.7% on 10/17/24. The shares closed at $31.89. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 9.1% during the last week.
Be the first to comment