On 3/12/24, Heritage Insurance Holdings Inc (NYSE: HRTG) stock enjoyed a major increase of 25.2%, closing at $8.95. Moreover, this advance was accompanied by exceptionally high trading volume at 540% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 31.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HRTG is expected to be an important Value Builder.
Heritage Insurance Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Heritage Insurance Holdings has a slightly positive Appreciation Score of 62 and a very high Power Rating of 99, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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