S&T Bancorp Inc (NASDAQ: STBA) stock closed at $43.84 on 11/6/24 after a major increase of 14.4%. Moreover, exceptionally high trading volume at 340% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 14.4% during the last week.
Current PriceTarget Research Rating
STBA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
S&T Bancorp 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. S&T Bancorp has a slightly positive Appreciation Score of 68 and a good Power Rating of 84, 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.
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