Banner Corp (NASDAQ: BANR) stock enjoyed a major increase of 14.7% on 11/6/24. The shares closed at $74.78. Moreover, this advance was accompanied by exceptionally high trading volume at 275% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.4% during the last week.
Current PriceTarget Research Rating
BANR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Banner has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Banner has a slightly positive Appreciation Score of 68 and a very high Power Rating of 95, resulting in 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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