MidWestOne Financial Group Inc (NASDAQ: MOFG) stock closed at $32.26 on 11/6/24 after a major increase of 10.3%. Moreover, exceptionally high trading volume at 361% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MOFG is expected to continue to be a modest Value Builder.
MidWestOne Financial Group 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 consistent signals. MidWestOne Financial Group has a good Appreciation Score of 78 and a very high Power Rating of 97, 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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