Alert: Positive Investment/Fundamental Signals (11/20/23)-CNA Financial Corp (NYSE: CNA)

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Recent significant positive changes in fundamentals have benefitted CNA Financial Corp (NYSE: CNA): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and significant quarterly earnings acceleration occurred.

CNA Financial Corp (NYSE: CNA) has benefited from notable positive changes in investment behavior. Positive developments: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend. Negative development: negative upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CNA is expected to continue to be an important Value Builder.

CNA Financial 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. CNA Financial has a neutral Appreciation Score of 45 but a good Power Rating of 77, and the High Neutral Value Trend Rating results.

Recent Price Action

CNA Financial Corp (NYSE: CNA) stock closed at $40.66 on 11/20/23 after an increase of 1.3%. Relative to the market the stock has been strong over the last nine months and has risen 4.4% during the last week.

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