On 11/6/24, Community Bank System Inc. (NYSE: CBU) stock enjoyed a major increase of 13.8%, closing at $70.79. Moreover, this advance was accompanied by exceptionally high trading volume at 312% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.6% during the last week.
Current PriceTarget Research Rating
CBU is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Community Bank System has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Community Bank System has a neutral Appreciation Score of 47 but a very high Power Rating of 96, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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