Stock Rating Downgrade
In the last week the Value Trend Rating for Cincinnati Financial Corp (NASDAQ: CINF) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/1/24, Cincinnati Financial Corp (NASDAQ: CINF) stock increased 1.4%, closing at $117.30. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -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). 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 43 but a good Power Rating of 81, triggering the High Neutral Value Trend Rating.
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