Alert: Positive Investment/Fundamental Signals (8/15/24)-ACNB Corp (NASDAQ: ACNB)

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Extremely important positive changes in investment behavior have recently occurred for ACNB Corp (NASDAQ: ACNB): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Meaningful positive changes in ACNB Corp (NASDAQ: ACNB) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. ACNB has a neutral Appreciation Score of 51 and a neutral Power Rating of 41, and the Low Neutral Value Trend Rating results.

Recent Price Action

ACNB Corp (NASDAQ: ACNB) stock closed at $39.68 on 8/15/24 after a large increase of 4.1%. Moreover, trading volume in this advance was unusually high at 185% of normal. The stock has risen 7.7% during the last week but has been weak relative to the market over the last nine months.

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