Alert: Major Price Advance (11/14/23)-RGC Resources Inc (NASDAQ: RGCO).

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RGC Resources Inc (NASDAQ: RGCO) stock closed at $17.73 on 11/14/23 after a major increase of 10.6%. The stock has risen 4.4% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

RGCO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

RGC Resources has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. RGC Resources has a poor Power Rating of 26 and a poor Appreciation Score of 20, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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