Stock Rating Downgrade
The Value Trend Rating for Silvercrest Asset Management Gro (NASDAQ: SAMG) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Silvercrest Asset Management Gro (NASDAQ: SAMG) stock declined modestly by -1.3% on 12/22/23. The stock closed at $17.00. However, below average trading volume at 67% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 3.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SAMG is expected to continue to be an important Value Builder.
Silvercrest Asset Management Gro has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Silvercrest Asset Management Gro has a neutral Power Rating of 45 and a neutral Appreciation Score of 41, leading to the Negative Value Trend Rating.
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