LPL Financial Holdings Inc (NASDAQ: LPLA) stock closed at $308.16 on 11/6/24 after a major increase of 11.7%. Moreover, exceptionally high trading volume at 222% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 16.0% during the last week.
Current PriceTarget Research Rating
LPLA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
LPL Financial Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. LPL Financial Holdings has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 45, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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