Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Cincinnati Financial Corp (NASDAQ: CINF) fell significantly from A to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 3/8/24, Cincinnati Financial Corp (NASDAQ: CINF) stock rose slightly by 0.05%, closing at $117.29. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and has risen 2.9% during the last week.
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 C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cincinnati Financial has a neutral Appreciation Score of 44 but a good Power Rating of 76, producing the High Neutral Value Trend Rating.
Be the first to comment