Choiceone Financial Services Inc (NASDAQ: COFS) stock suffered a major decline of -11.4% on 4/10/24. The shares closed at $22.50. Moreover, above average trading volume at 123% of normal accompanied the decline. The stock has declined -14.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
COFS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Choiceone Financial Services has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Choiceone Financial Services has a good Appreciation Score of 76 and a very high Power Rating of 85, leading to the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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