Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Union Bankshares Inc (NASDAQ: UNB) weakened during the last several trading days. UNB’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Union Bankshares Inc (NASDAQ: UNB) stock declined slightly by -0.9% on 9/20/24. The stock closed at $27.45. Moreover, above average trading volume at 147% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 11.0% during the last week.
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 D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Union Bankshares has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 34, producing the Negative Value Trend Rating.
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