Live Oak Bancshares Inc (NYSE: LOB) stock closed at $49.48 on 11/6/24 after a major increase of 17.1%. Moreover, exceptionally high trading volume at 339% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 24.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LOB is expected to be a Value Builder.
Live Oak Bancshares has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Live Oak Bancshares has a slightly positive Appreciation Score of 62 and a very high Power Rating of 86, leading to 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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