United Fire Group Inc (NASDAQ: UFCS) stock enjoyed a major increase of 24.1% on 11/6/24. The shares closed at $24.74. Moreover, trading volume in this advance was exceptionally high at 309% of normal. The stock has been weak relative to the market over the last nine months but has risen 24.6% during the last week.
Current PriceTarget Research Rating
UFCS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
United Fire Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. United Fire Group has a neutral Appreciation Score of 48 and a neutral Power Rating of 54, with the Neutral Value Trend Rating the result.
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.
Be the first to comment