First Citizens BancShares Inc (NASDAQ: FCNCA) stock closed at $2272.62 on 11/6/24 after a major increase of 18.3%. Moreover, exceptionally high trading volume at 288% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 17.0% during the last week.
Current PriceTarget Research Rating
FCNCA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
First Citizens BancShares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Citizens BancShares has a good Power Rating of 80 and a very high Appreciation Score of 97, with the Highest Value Trend Rating the result.
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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