Is Brompton Split Banc Corp. a Buy? The Stock Reaches 52-Week High Today

 Is Brompton Split Banc Corp. a Buy? The Stock Reaches 52 Week High Today

The stock of Brompton Split Banc Corp. (TSE:SBC) hit a new 52-week high and has $23.19 target or 64.00% above today’s $14.14 share price. The 5 months bullish chart indicates low risk for the $97.52 million company. The 1-year high was reported on Nov, 11 by If the $23.19 price target is reached, the company will be worth $62.41M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $14.14 per share. It is down 17.83% since April 7, 2016 and is uptrending. It has outperformed by 11.69% the S&P500.

More notable recent Brompton Split Banc Corp. (TSE:SBC) news were published by: which released: “Brompton Funds Provides Analysis of Rate Reset Preferred Shares” on March 30, 2016, also with their article: “Brompton Funds Declare Distributions” published on October 20, 2016, published: “Life & Banc Split Corp. Announces Treasury Offering” on March 20, 2015. More interesting news about Brompton Split Banc Corp. (TSE:SBC) were released by: and their article: “Eye on Shorts: What bearish investors are betting against” published on June 18, 2013 as well as‘s news article titled: “Brompton Split Banc Corp declares distributions” with publication date: December 18, 2014.

Brompton Split Banc Corp. is a Canada mutual fund company. The company has a market cap of $97.52 million. The Fund’s investment objectives are to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions; to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. It has a 15.63 P/E ratio. The Fund invests in a portfolio consisting of common shares of approximately six Canadian banks.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment