Pacific Premier Bancorp Inc (NASDAQ: PPBI) stock closed at $29.01 on 11/6/24 after a major increase of 15.6%. Moreover, exceptionally high trading volume at 259% of normal accompanied the advance. The stock has risen 11.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PPBI’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.
Pacific Premier Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pacific Premier Bancorp has a slightly positive Appreciation Score of 64 and a slightly positive Power Rating of 70, 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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