Southern First Bankshares Inc (NASDAQ: SFST) stock closed at $43.80 on 11/6/24 after a major increase of 14.1%. Moreover, exceptionally high trading volume at 323% of normal accompanied the advance. The stock has risen 15.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SFST is expected to be a modest Value Builder.
Southern First Bankshares has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Southern First Bankshares has a slightly positive Appreciation Score of 63 and a good Power Rating of 81, triggering 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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