Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for ACNB Corp (NASDAQ: ACNB) improved during the last several trading days. ACNB’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
ACNB Corp (NASDAQ: ACNB) stock closed at $37.35 on 8/9/24 after a modest decline of -1.2%. However, exceptionally low trading volume at 45% of normal accompanied the decline. The stock has declined -7.9% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ACNB is expected to continue to be a Value Builder.
ACNB has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. ACNB has a neutral Appreciation Score of 51 and a neutral Power Rating of 41, leading to the Low Neutral Value Trend Rating.
Be the first to comment