Alert: Positive Investment/Fundamental Signals (12/4/23)-American Financial Group Inc (NYSE: AFG)


Extremely significant positive changes in American Financial Group Inc (NYSE: AFG) investment behavior have recently occurred: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Recent meaningful positive changes in fundamentals have benefitted American Financial Group Inc (NYSE: AFG): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

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


Current PriceTarget Research Rating

AFG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

American Financial Group has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. American Financial Group has a poor Appreciation Score of 22 but a neutral Power Rating of 52, leading to the Negative Value Trend Rating.

Recent Price Action

On 12/4/23, American Financial Group Inc (NYSE: AFG) stock rose slightly by 0.2%, closing at $116.68. Moreover, this advance was accompanied by exceptionally high trading volume at 203% of normal. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.

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