Stock Rating Downgrade
The Value Trend Rating for Bank First Corp (NASDAQ: BFC) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Bank First Corp (NASDAQ: BFC) stock declined by -3.2% on 10/1/24. The shares closed at $87.80. However, below average trading volume at 72% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -3.7% 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 C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank First has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 66, leading to the High Neutral Value Trend Rating.
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