Alert: Major Price Advance (11/6/24)-Cullen/Frost Bankers Inc (NYSE: CFR).

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Cullen/Frost Bankers Inc (NYSE: CFR) stock closed at $143.66 on 11/6/24 after a major increase of 12.6%. Moreover, trading volume in this advance was exceptionally high at 251% of normal. Relative to the market the stock has been strong over the last nine months and has risen 10.7% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, CFR is expected to continue to be an important Value Builder.

Cullen/Frost Bankers 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. Cullen/Frost Bankers has a slightly positive Appreciation Score of 60 and a slightly positive Power Rating of 60, leading to the High Neutral Value Trend Rating.

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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