Alert: Major Price Decline (11/8/19)-Northfield Capital Corp (CVE: NFD.A).

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Northfield Capital Corp (CVE: NFD.A) stock closed at $30.25 on 11/8/19 after a major decline of -14.2%. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.2% during the last week.

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Current PriceTarget Research Rating

NFD.A is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Northfield Capital has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Northfield Capital has a very high Power Rating of 86 and a very high Appreciation Score of 96, with the Highest Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 80827 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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