Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Old Republic International Corp (NYSE: ORI) improved recently. ORI’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
On 5/1/24, Old Republic International Corp (NYSE: ORI) stock increased 1.4%, closing at $30.28. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ORI is expected to continue to be a Value Builder.
Old Republic 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. Old Republic has a neutral Appreciation Score of 52 but a good Power Rating of 73, and the Positive Value Trend Rating results.
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