Alert: Positive Investment/Fundamental Signals (12/4/23)-Atlantic Union Bankshares Corp (NYSE: AUB)


Atlantic Union Bankshares Corp (NYSE: AUB) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Recent meaningful positive changes in fundamentals have benefitted Atlantic Union Bankshares Corp (NYSE: AUB): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. 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, AUB is expected to continue to be a Value Builder.

Atlantic Union Bankshares has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Atlantic Union Bankshares has a slightly positive Power Rating of 66 and a good Appreciation Score of 73, resulting in the Positive Value Trend Rating.

Recent Price Action

On 12/4/23, Atlantic Union Bankshares Corp (NYSE: AUB) stock enjoyed a large increase of 2.1%, closing at $32.67. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.

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