Peoples Bancorp Inc (NASDAQ: PEBO) stock enjoyed a major increase of 14.1% on 11/6/24. The shares closed at $35.38. Moreover, this advance was accompanied by exceptionally high trading volume at 449% of normal. The stock has been strong relative to the market over the last nine months and has risen 12.8% during the last week.
Current PriceTarget Research Rating
PEBO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Peoples Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Peoples Bancorp has a slightly positive Power Rating of 60 and a good Appreciation Score of 78, 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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