Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Franklin Financial Services Corp (NASDAQ: FRAF) improved during the last several trading days. FRAF’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Franklin Financial Services Corp (NASDAQ: FRAF) stock rose slightly by 0.07% on 1/5/24. The stock closed at $28.56. However, this advance was accompanied by exceptionally low trading volume at 49% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -9.4% during the last week.
Current PriceTarget Research Rating
FRAF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Franklin Financial Services has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Franklin Financial Services has a neutral Appreciation Score of 50 but a good Power Rating of 81, leading to the Positive Value Trend Rating.
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