Stock Rating Upgrade
The Value Trend Rating for Investors Title Co (NASDAQ: ITIC) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/7/24, Investors Title Co (NASDAQ: ITIC) stock enjoyed a large increase of 2.7%, closing at $174.88. Moreover, this advance was accompanied by exceptionally high trading volume at 275% of normal. The stock has performed in line with the market over the last nine months and has declined -5.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ITIC is expected to be Value Creation neutral.
Investors Title has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Investors Title has a poor Appreciation Score of 25 but a slightly positive Power Rating of 62, with the Low Neutral Value Trend Rating the result.
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