Stock Rating Upgrade
The Value Trend Rating for Cincinnati Financial Corp (NASDAQ: CINF) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Cincinnati Financial Corp (NASDAQ: CINF) stock closed at $148.69 on 11/8/24 after an increase of 1.1%. However, below average trading volume at 76% of normal accompanied the advance. The stock has risen 5.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CINF is expected to continue to be a modest Value Builder.
Cincinnati Financial has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Cincinnati Financial has a neutral Appreciation Score of 41 but a very high Power Rating of 88, with the Positive Value Trend Rating the result.
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