Alert: Major Price Advance (11/6/24)-City Holding Co (NASDAQ: CHCO).

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City Holding Co (NASDAQ: CHCO) stock closed at $133.50 on 11/6/24 after a major increase of 12.9%. Moreover, trading volume in this advance was exceptionally high at 365% of normal. The stock has risen 13.4% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

CHCO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

City Holding has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. City Holding has a neutral Appreciation Score of 47 but a good Power Rating of 70, and the High Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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