Stock Rating Upgrade
The Value Trend Rating for Donegal Group Inc (NASDAQ: DGICA) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/17/23, Donegal Group Inc (NASDAQ: DGICA) stock declined modestly by -1.0%, closing at $14.14. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DGICA is expected to be Value Creation neutral.
Donegal Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing consistent signals. Donegal Group has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 56, triggering the Low Neutral Value Trend Rating.