On 11/14/23, MidWestOne Financial Group Inc (NASDAQ: MOFG) stock enjoyed a major increase of 10.7%, closing at $22.48. Relative to the market the stock has been weak over the last nine months but has risen 8.7% during the last week.
Current PriceTarget Research Rating
MOFG is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MidWestOne Financial Group 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. MidWestOne Financial Group has a good Appreciation Score of 78 but a poor Power Rating of 26, triggering 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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