On 11/30/23, La-Z-Boy Inc (NYSE: LZB) stock enjoyed a major increase of 11.0%, closing at $35.19. Moreover, trading volume in this advance was exceptionally high at 293% of normal. Relative to the market the stock has been strong over the last nine months and has risen 11.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LZB is expected to continue to be a Value Builder.
La-Z-Boy has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. La-Z-Boy has a slightly positive Appreciation Score of 69 and a good Power Rating of 74, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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