Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for BancFirst Corp (NASDAQ: BANF) weakened in recent days. BANF’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
On 10/18/24, BancFirst Corp (NASDAQ: BANF) stock declined modestly by -1.4%, closing at $113.98. NORMAL trading volume accompanied the decline. The stock has risen 10.5% 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 exceed the cost of capital, BANF is expected to continue to be a Value Builder.
BancFirst 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. BancFirst has a neutral Appreciation Score of 52 but a good Power Rating of 74, leading to the High Neutral Value Trend Rating.
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