Stock Rating Downgrade
The Value Trend Rating for W.R. Berkley Corp (NYSE: WRB) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
W.R. Berkley Corp (NYSE: WRB) stock increased 1.6% on 1/5/24. The shares closed at $74.36. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.2% during the last week.
Current PriceTarget Research Rating
WRB is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
W.R. Berkley has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. W.R. Berkley has a slightly negative Appreciation Score of 35 but a very high Power Rating of 91, and the High Neutral Value Trend Rating results.
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