Alert: Rating Upgrade (4/13/18)-Itau Unibanco Holding SA (NYSE: ITUB).


Itau Unibanco Holding SA (NYSE: ITUB)



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.

About John Lafferty 47332 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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