Universal Corp (NYSE: UVV) stock suffered a major decline of -12.7% on 5/23/24. The shares closed at $46.52. Moreover, this decline was accompanied by exceptionally high trading volume at 244% of normal. The stock has performed in line with the market over the last nine months and has declined -13.2% during the last week.
Current PriceTarget Research Rating
UVV is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Universal has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Universal has a slightly positive Power Rating of 61 and a good Appreciation Score of 77, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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