Stock Rating Upgrade
The Value Trend Rating for Regions Financial Corp (NYSE: RF) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Regions Financial Corp (NYSE: RF) stock declined slightly by -0.2% on 3/1/24. The stock closed at $18.59. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RF is expected to continue to be an important Value Builder.
Regions Financial has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Regions Financial has a neutral Power Rating of 56 but a good Appreciation Score of 84, triggering the Positive Value Trend Rating.
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