Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Cincinnati Financial Corp (NASDAQ: CINF) weakened during the last several trading days. CINF’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
Cincinnati Financial Corp (NASDAQ: CINF) stock closed at $137.44 on 9/10/24 after a slight decline of -0.02%. However, trading volume in this decline was unusually low at 53% of normal. The stock is unchanged 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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cincinnati Financial has a slightly negative Appreciation Score of 39 but a very high Power Rating of 86, and the High Neutral Value Trend Rating results.
Be the first to comment