Itau Unibanco Holding SA (NYSE: ITUB)
ALERT – STOCK RATING UPGRADE
Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Itau Unibanco Holding SA (NYSE: ITUB) improved during the last several trading days. ITUB’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Itau Unibanco Holding SA stock declined significantly on 4/13/18. The shares fell -2.8%, closing at $14.75. However, trading volume was unusually low at 65% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
ITUB is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
ITUB has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ITUB has a neutral Appreciation Score of 48 but a good Power Rating of 80, and the Positive Value Trend Rating results.