why Cincinnati Financial Corporation [CINF] is a Good Choice for Investors After New Price Target of $80.17

Cincinnati Financial Corporation [NASDAQ: CINF] price plunged by -2.54 percent to reach at -$2.11. The company report on August 6, 2020 that Cincinnati Financial Corporation Board Expands to 15, Appoints Two New Directors.

Cincinnati Financial Corporation (Nasdaq: CINF) announced that the board of directors at today’s meeting added two new director seats, appointing Nancy C. Benacci, CFA, as an independent director and Charles O. Schiff as a nonindependent director. Both were appointed to the board’s investment committee, effective immediately. With these appointments, 11 of the company’s 15 directors meet the Nasdaq listing requirements for independence.

A sum of 1165688 shares traded at recent session while its average daily volume was at 1.44M shares. Cincinnati Financial Corporation shares reached a high of $84.29 and dropped to a low of $80.985 until finishing in the latest session at $81.01.

The one-year CINF stock forecast points to a potential downside of -1.05. The average equity rating for CINF stock is currently 3.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Cincinnati Financial Corporation [CINF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CINF shares is $80.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CINF stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Cincinnati Financial Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 16, 2020. The new note on the price target was released on June 03, 2020, representing the official price target for Cincinnati Financial Corporation stock. On April 29, 2020, analysts decreased their price target for CINF shares from 94 to 68.

The Average True Range (ATR) for Cincinnati Financial Corporation is set at 2.66, with the Price to Sales ratio for CINF stock in the period of the last 12 months amounting to 1.96. The Price to Book ratio for the last quarter was 1.41, with the Price to Cash per share for the same quarter was set at 4.51. Price to Free Cash Flow for CINF in the course of the last twelve months was 13.20.

CINF Stock Performance Analysis:

Cincinnati Financial Corporation [CINF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.82. With this latest performance, CINF shares gained by 11.42% in over the last four-week period, additionally sinking by -28.78% over the last 6 months – not to mention a drop of -26.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CINF stock in for the last two-week period is set at 60.83, with the RSI for the last a single of trading hit 56.56, and the three-weeks RSI is set at 59.92 for Cincinnati Financial Corporation [CINF]. The present Moving Average for the last 50 days of trading for this stock 71.43, while it was recorded at 81.73 for the last single week of trading, and 87.22 for the last 200 days.

Insight into Cincinnati Financial Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Cincinnati Financial Corporation [CINF] shares currently have an operating margin of +31.87. Cincinnati Financial Corporation’s Net Margin is presently recorded at +25.20.

Return on Total Capital for CINF is now 25.97, given the latest momentum, and Return on Invested Capital for the company is 20.65. Return on Equity for this stock inclined to 22.57, with Return on Assets sitting at 8.58. When it comes to the capital structure of this company, Cincinnati Financial Corporation [CINF] has a Total Debt to Total Equity ratio set at 8.97. Additionally, CINF Total Debt to Total Capital is recorded at 8.23, with Total Debt to Total Assets ending up at 3.54. Long-Term Debt to Equity for the company is recorded at 8.38, with the Long-Term Debt to Total Capital now at 7.69.

Reflecting on the efficiency of the workforce at the company, Cincinnati Financial Corporation [CINF] managed to generate an average of $387,918 per employee.


With the latest financial reports released by the company, Cincinnati Financial Corporation posted 1.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.89/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 21.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CINF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cincinnati Financial Corporation go to -4.98%.

Cincinnati Financial Corporation [CINF] Insider Position Details

There are presently around $8,164 million, or 65.00% of CINF stock, in the hands of institutional investors. The top three institutional holders of CINF stocks are: VANGUARD GROUP INC with ownership of 20,513,917, which is approximately 2.361% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 13,670,170 shares of the stock with an approximate value of $1.11 billion in CINF stocks shares; and STATE STREET CORP, currently with $685.7 million in CINF stock with ownership of nearly -0.309% of the company’s market capitalization.

Positions in Cincinnati Financial Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 253 institutional holders increased their position in Cincinnati Financial Corporation [NASDAQ:CINF] by around 7,653,543 shares. Additionally, 310 investors decreased positions by around 8,998,936 shares, while 91 investors held positions by with 84,130,617 shares. The mentioned changes placed institutional holdings at 100,783,096 shares, according to the latest SEC report filing. CINF stock had 70 new institutional investments in for a total of 2,130,490 shares, while 90 institutional investors sold positions of 693,022 shares during the same period.

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