Trustmark Corp (NASDAQ: TRMK) stock closed at $39.42 on 11/6/24 after a major increase of 13.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 324% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TRMK is expected to continue to be a modest Value Builder.
Trustmark has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trustmark has a good Power Rating of 78 and a good Appreciation Score of 78, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive 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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