Alert: Rating Upgrade (12/1/23)-CF Bankshares Inc (NASDAQ: CFBK).


Stock Rating Upgrade

The Value Trend Rating for CF Bankshares Inc (NASDAQ: CFBK) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.


Recent Price Action

On 12/1/23, CF Bankshares Inc (NASDAQ: CFBK) stock enjoyed a very large increase of 6.2%, closing at $17.00. However, unusually low trading volume at 64% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.

Current PriceTarget Research Rating

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

CF Bankshares has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CF Bankshares has a good Appreciation Score of 84 but a neutral Power Rating of 46, resulting in the Positive Value Trend Rating.

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