Alert: Major Price Advance (11/14/23)-Mid Penn Bancorp Inc (NASDAQ: MPB).


On 11/14/23, Mid Penn Bancorp Inc (NASDAQ: MPB) stock enjoyed a major increase of 12.4%, closing at $22.15. Relative to the market the stock has been weak over the last nine months but has risen 9.1% during the last week.


Current PriceTarget Research Rating

MPB’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.

Mid Penn Bancorp has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mid Penn Bancorp has a good Appreciation Score of 72 but a poor Power Rating of 20, producing 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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