Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for CNO Financial Group Inc (NYSE: CNO) weakened in the last week. CNO’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
CNO Financial Group Inc (NYSE: CNO) stock closed at $33.79 on 8/1/24 after a decline of -3.1%. Moreover, unusually high trading volume at 181% of normal accompanied the decline. The stock has risen 11.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CNO is expected to continue to be a Value Builder.
CNO Financial Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CNO Financial Group has a neutral Appreciation Score of 51 and a slightly positive Power Rating of 68, with the High Neutral Value Trend Rating the result.
Be the first to comment