West Bancorporation Inc (NASDAQ: WTBA) stock closed at $18.55 on 11/14/23 after a major increase of 10.4%. The stock has risen 5.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
WTBA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
West Bancorporation has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. West Bancorporation has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 37, leading to the Low 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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