Alert: Major Price Advance (11/6/24)-United Community Banks Inc (NYSE: UCB).

out_logo_500#37235.jpg

United Community Banks Inc (NYSE: UCB) stock closed at $32.39 on 11/6/24 after a major increase of 14.3%. Moreover, exceptionally high trading volume at 320% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 13.5% during the last week.

out_mm#37235.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, UCBI is expected to continue to be a modest Value Builder.

United Community Banks 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 highly consistent signals. United Community Banks has a good Power Rating of 77 and a good Appreciation Score of 80, with the Highest Value Trend Rating the result.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*