On 11/14/23, Choiceone Financial Services Inc (NASDAQ: COFS) stock enjoyed a major increase of 10.5%, closing at $24.76. The stock has risen 12.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
COFS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Choiceone Financial Services has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Choiceone Financial Services has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 31, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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