Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Cullen/Frost Bankers Inc (NYSE: CFR) improved of late. CFR’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
Cullen/Frost Bankers Inc (NYSE: CFR) stock closed at $112.20 on 4/8/24 after an increase of 1.6%. However, unusually low trading volume at 54% of normal accompanied the advance. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CFR is expected to continue to be an important Value Builder.
Cullen/Frost Bankers has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Cullen/Frost Bankers has a slightly positive Appreciation Score of 63 and a good Power Rating of 70, triggering the Positive Value Trend Rating.
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