CFR mid-term analysis
hi Traders,
Fundamental analysis:
Cullen/Frost Bankers (CFR) is considered undervalued based on several key valuation metrics highlighted by Zacks' ranking system. The company holds a strong Zacks Rank of #2 (Buy) and has an "A" grade in the Value category. Some of the important metrics include:
Forward P/E ratio: 13.01, lower than the industry average of 14.08.
PEG ratio: 1.37, which is below the industry's average of 2.88, showing its growth potential.
P/CF ratio: 10.78, also lower than the industry average of 16.70, indicating a strong cash flow position.
Technical analysis:
The price has been traded inside the upsloping channel. The price has retested the bottom of the channel and it may be ready for more upside now.
The long position can be taken and the stop loss can be placed below 100$.
The target is at the top of the channel.
Good luck
Fundamental analysis:
Cullen/Frost Bankers (CFR) is considered undervalued based on several key valuation metrics highlighted by Zacks' ranking system. The company holds a strong Zacks Rank of #2 (Buy) and has an "A" grade in the Value category. Some of the important metrics include:
Forward P/E ratio: 13.01, lower than the industry average of 14.08.
PEG ratio: 1.37, which is below the industry's average of 2.88, showing its growth potential.
P/CF ratio: 10.78, also lower than the industry average of 16.70, indicating a strong cash flow position.
Technical analysis:
The price has been traded inside the upsloping channel. The price has retested the bottom of the channel and it may be ready for more upside now.
The long position can be taken and the stop loss can be placed below 100$.
The target is at the top of the channel.
Good luck
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