Recent exceptional positive changes in investment behavior have benefitted Premier Financial Corp (NASDAQ: PFC): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Premier Financial Corp (NASDAQ: PFC) has benefited from important positive changes in fundamentals: significant quarterly sales acceleration occurred, and the consensus estimate for December, 2023 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PFC is expected to continue to be a Value Builder.
Premier Financial has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Premier Financial has a slightly positive Appreciation Score of 67 and a neutral Power Rating of 40, leading to the Neutral Value Trend Rating.
Recent Price Action
Premier Financial Corp (NASDAQ: PFC) stock closed at $18.87 on 11/8/23 after a decline of -1.1%. The stock has risen 8.8% during the last week but has been weak relative to the market over the last nine months.
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