It appears investors have great expectations for Cincinnati Financial (CINF). We increased fair value 21% and the stock remains destined for overvalued territory at 148%FV. With earnings expected to drop over the next 12 months it is hard to justify the recent increase to nearly $63/share.
Cincinnati Financial (CINF) Remains a Sell Consideration Even After Increasing Fair Value
About the Author: Steve Albrecht
Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016