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Cincinnati Financial Corp (CINF) gets rating Upgrade from Citigroup

Cincinnati Financial Corp’s filing revealed that its Director Benacci Nancy Cunningham acquired Company’s shares for reported $0.14 million on Feb 21 ’25. In the deal valued at $136.16 per share,1,000 shares were bought. As a result of this transaction, Benacci Nancy Cunningham now holds 6,653 shares worth roughly $0.98 million.

Then, Debbink Dirk J bought 1,000 shares, generating $157,188 in total proceeds. Upon buying the shares at $157.19, the Director now owns 54,500 shares.

Before that, Schiff Charles Odell sold 6,000 shares. Cincinnati Financial Corp shares valued at $782,623 were divested by the Director at a price of $130.44 per share. As a result of the transaction, Schiff Charles Odell now holds 184,555 shares, worth roughly $27.28 million.

Citigroup upgraded its Cincinnati Financial Corp [CINF] rating to a Buy from a a Neutral in a research note published on June 28, 2024; the price target was increased to $135 from $126. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in late March from “a Market perform” to “an Outperform”. Janney began covering CINF with “Neutral” recommendation on December 14, 2023. Citigroup started covering the stock on November 22, 2023. It rated CINF as “a Neutral”.

Price Performance Review of CINF

On Friday, Cincinnati Financial Corp [NASDAQ:CINF] saw its stock jump 2.26% to $147.81. Over the last five days, the stock has gained 9.38%. Cincinnati Financial Corp shares have risen nearly 2.86% since the year began. Nevertheless, the stocks have risen 30.44% over the past one year. While a 52-week high of $161.74 was reached on 02/28/25, a 52-week low of $109.93 was recorded on 02/12/25. SMA at 50 days reached $140.14, while 200 days put it at $134.34.

Levels Of Support And Resistance For CINF Stock

The 24-hour chart illustrates a support level at 146.05, which if violated will result in even more drops to 144.30. On the upside, there is a resistance level at 148.76. A further resistance level may holdings at 149.71. The Relative Strength Index (RSI) on the 14-day chart is 67.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.89%. Stochastics %K at 85.36% indicates the stock is a selling.

The most recent change occurred on November 16, 2023 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating .

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