Alert: Major Price Advance (11/6/24)-UMB Financial Corp (NASDAQ: UMBF).

out_logo_500#12542.jpg

UMB Financial Corp (NASDAQ: UMBF) stock closed at $125.68 on 11/6/24 after a major increase of 13.2%. Moreover, exceptionally high trading volume at 268% of normal accompanied the advance. The stock has risen 17.8% during the last week and has been exceptionally strong relative to the market over the last nine months.

out_mm#12542.jpg

Current PriceTarget Research Rating

UMBF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

UMB Financial 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. UMB Financial has a good Appreciation Score of 83 and a good Power Rating of 83, triggering 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*