On 4/18/24, Scully Royalty Ltd (NYSE: SRL) stock enjoyed a major increase of 10.5%, closing at $6.65. Moreover, exceptionally high trading volume at 682% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 10.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SRL is expected to continue to be Value Creation neutral.
Scully Royalty has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Scully Royalty has a good Power Rating of 80 and a good Appreciation Score of 84, leading to 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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