On 11/14/23, PacWest Bancorp (NASDAQ: PACW) stock enjoyed a major increase of 10.3%, closing at $8.11. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, PACW is expected to be Value Creation neutral.
PacWest Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PacWest Bancorp has a very high Appreciation Score of 96 but a very low Power Rating of 2, resulting in 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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