Stock Rating Upgrade
In recent days the Value Trend Rating for W.R. Berkley Corp (NYSE: WRB) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
W.R. Berkley Corp (NYSE: WRB) stock declined slightly by -0.10% on 1/12/24. The stock closed at $72.81. Trading volume in this decline was normal. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WRB is expected to continue to be an important Value Builder.
W.R. Berkley has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. W.R. Berkley has a slightly negative Appreciation Score of 36 but a very high Power Rating of 92, and the Positive Value Trend Rating results.
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