Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Union Bankshares Inc (NASDAQ: UNB) improved recently. UNB’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
On 9/27/24, Union Bankshares Inc (NASDAQ: UNB) stock rose modestly by 0.3%, closing at $26.29. However, trading volume in this advance was exceptionally low at 19% of normal. Relative to the market the stock has been weak over the last nine months and has declined -5.1% 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 C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Union Bankshares has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 35, with the Low Neutral Value Trend Rating the result.
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