Recent exceptional positive changes in investment behavior have benefitted Cincinnati Financial Corp (NASDAQ: CINF): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Cincinnati Financial Corp (NASDAQ: CINF) has benefited from meaningful positive changes in fundamentals: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
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.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CINF is expected to continue to be a modest Value Builder.
Cincinnati Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cincinnati Financial has a slightly negative Appreciation Score of 37 but a good Power Rating of 72, with the Neutral Value Trend Rating the result.
Recent Price Action
On 12/12/23, Cincinnati Financial Corp (NASDAQ: CINF) stock rose modestly by 0.7%, closing at $104.63. However, below average trading volume at 74% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 0.8% during the last week.
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