Alert: Positive Investment/Fundamental Signals (11/8/23)-KB Financial Group Inc (NYSE: KB)


Extremely important positive changes in investment behavior have recently occurred for KB Financial Group Inc (NYSE: KB): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

KB Financial Group Inc (NYSE: KB). Important positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, KB is expected to continue to be an important Value Builder.

KB Financial Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. KB Financial Group has a good Power Rating of 74 and a very high Appreciation Score of 98, producing the Highest Value Trend Rating.

Recent Price Action

KB Financial Group Inc (NYSE: KB) stock declined modestly by -0.8% on 11/8/23. The stock closed at $39.75. The stock has risen 4.2% during the last week and has been strong relative to the market over the last nine months.

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