On 11/6/24, Northfield Bancorp Inc (NASDAQ: NFBK) stock enjoyed a major increase of 15.8%, closing at $13.77. Moreover, exceptionally high trading volume at 354% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 17.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NFBK is expected to be Value Creation neutral.
Northfield Bancorp 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. Northfield Bancorp has a good Appreciation Score of 79 and a very high Power Rating of 92, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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