Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Employers Holdings Inc (NYSE: EIG) improved in recent days. EIG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Employers Holdings Inc (NYSE: EIG) stock declined slightly by -0.6% on 3/18/24. The stock closed at $44.10. However, trading volume in this decline was below average at 74% of normal. The stock has been strong relative to the market over the last nine months but has declined -1.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, EIG is expected to continue to be Value Creation neutral.
Employers Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Employers Holdings has a neutral Appreciation Score of 40 but a very high Power Rating of 86, and the Positive Value Trend Rating results.
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