German American Bancorp Inc (NASDAQ: GABC) stock enjoyed a major increase of 12.8% on 11/6/24. The shares closed at $46.57. Moreover, trading volume in this advance was exceptionally high at 353% of normal. The stock has risen 15.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
GABC’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.
German American Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. German American Bancorp has a neutral Appreciation Score of 47 but a good Power Rating of 83, resulting in 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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