Stock Rating Upgrade
The Value Trend Rating for Cincinnati Financial Corp (NASDAQ: CINF) improved recently 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
Cincinnati Financial Corp (NASDAQ: CINF) stock rose modestly by 0.7% on 5/3/24. The stock closed at $116.94. However, trading volume in this advance was unusually low at 59% of normal. The stock has been strong relative to the market over the last nine months but has declined -1.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CINF is expected to continue to be a modest Value Builder.
Cincinnati 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. Cincinnati Financial has a neutral Appreciation Score of 43 but a good Power Rating of 81, with the Positive Value Trend Rating the result.
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