Alert: Major Price Advance (11/6/24)-National Bank Holdings Corp (NYSE: NBHC).

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National Bank Holdings Corp (NYSE: NBHC) stock closed at $51.24 on 11/6/24 after a major increase of 13.6%. Moreover, exceptionally high trading volume at 299% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.3% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, NBHC is expected to continue to be a Value Builder.

National Bank Holdings 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 inconsistent signals. National Bank Holdings has a neutral Appreciation Score of 58 but a very high Power Rating of 92, and the Highest Value Trend Rating results.

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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