Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for BancFirst Corp (NASDAQ: BANF) improved of late. BANF’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
BancFirst Corp (NASDAQ: BANF) stock declined modestly by -1.7% on 10/25/24. The stock closed at $107.26. However, this decline was accompanied by exceptionally low trading volume at 40% of normal. The stock has declined -7.2% during the last week but has been exceptionally 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 B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. BancFirst has a neutral Appreciation Score of 55 but a good Power Rating of 76, leading to the Positive Value Trend Rating.
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