Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Bank First Corp (NASDAQ: BFC) improved of late. BFC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/8/24, Bank First Corp (NASDAQ: BFC) stock rose modestly by 0.3%, closing at $82.62. However, unusually low trading volume at 61% of normal accompanied the advance. The stock has declined -4.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
BFC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Bank First has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank First has a slightly positive Appreciation Score of 60 and a slightly positive Power Rating of 66, triggering the Positive Value Trend Rating.
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