Stock Rating Upgrade
The Value Trend Rating for Bank First Corp (NASDAQ: BFC) improved in recent days 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
Bank First Corp (NASDAQ: BFC) stock declined slightly by -0.6% on 9/27/24. The stock closed at $88.20. However, this decline was accompanied by exceptionally low trading volume at 47% of normal. The stock has performed in line with the market over the last nine months and has declined -7.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BFC is expected to continue to be a modest Value Builder.
Bank First has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Bank First has a slightly positive Appreciation Score of 62 and a slightly positive Power Rating of 65, resulting in the Positive Value Trend Rating.
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