On 2/29/24, Grifols S A (NASDAQ: GRFS) stock suffered a major decline of -19.6%, closing at $7.51. Moreover, this decline was accompanied by exceptionally high trading volume at 689% of normal. The stock has declined -14.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
GRFS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Grifols S A has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Grifols S A has a very high Appreciation Score of 94 but a neutral Power Rating of 42, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative 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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