Stock Rating Upgrade
The Value Trend Rating for Union Bankshares Inc (NASDAQ: UNB) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Union Bankshares Inc (NASDAQ: UNB) stock closed at $25.44 on 9/13/24 after a large increase of 2.9%. However, this advance was accompanied by exceptionally low trading volume at 39% of normal. The stock has risen 1.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
UNB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Union Bankshares has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Union Bankshares has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 33, resulting in the Low Neutral Value Trend Rating.
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