Stock Rating Upgrade
In the last week the Value Trend Rating for Federated Hermes Inc (NYSE: FHI) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Federated Hermes Inc (NYSE: FHI) stock declined slightly by -0.2% on 5/1/24. The stock closed at $32.79. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -6.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FHI is expected to continue to be a major Value Builder.
Federated Hermes 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 consistent signals. Federated Hermes has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 67, producing the Positive Value Trend Rating.
Be the first to comment