On 11/6/24, Sierra Bancorp (NASDAQ: BSRR) stock enjoyed a major increase of 18.5%, closing at $34.59. Moreover, trading volume in this advance was exceptionally high at 250% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BSRR is expected to continue to be a modest Value Builder.
Sierra Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Sierra Bancorp has a good Appreciation Score of 72 and a very high Power Rating of 91, producing 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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