On 11/6/24, BancFirst Corp (NASDAQ: BANF) stock enjoyed a major increase of 15.7%, closing at $126.69. Moreover, exceptionally high trading volume at 311% of normal accompanied the advance. The stock has risen 14.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BANF is expected to continue to be a Value Builder.
BancFirst 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 inconsistent signals. BancFirst has a neutral Appreciation Score of 54 but a good Power Rating of 78, producing 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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