Alert: Positive Investment/Fundamental Signals (11/17/23)-Bancolombia SA Bancolombia, Colo (NYSE: CIB)


Bancolombia SA Bancolombia, Colo (NYSE: CIB) has recently enjoyed notable positive changes in fundamentals: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

Recent extremely meaningful positive changes in investment behavior have benefitted Bancolombia SA Bancolombia, Colo (NYSE: CIB): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

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, CIB is expected to continue to be a Value Builder.

Bancolombia SA Bancolombia, Colo has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bancolombia SA Bancolombia, Colo has a good Power Rating of 73 and a very high Appreciation Score of 94, with the Highest Value Trend Rating the result.

Recent Price Action

Bancolombia SA Bancolombia, Colo (NYSE: CIB) stock rose modestly by 0.6% on 11/17/23. The stock closed at $27.39. The stock has been strong relative to the market over the last nine months and has risen 2.7% during the last week.

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