Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Assured Guaranty Ltd (NYSE: AGO) weakened of late. AGO’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/21/24, Assured Guaranty Ltd (NYSE: AGO) stock declined modestly by -1.8%, closing at $77.15. Moreover, trading volume in this decline was exceptionally high at 411% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
AGO is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Assured Guaranty has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Assured Guaranty has a neutral Appreciation Score of 46 but a good Power Rating of 74, triggering the High Neutral Value Trend Rating.
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