Alert: Positive Investment/Fundamental Signals (6/28/24)-WestRock Company (NYSE: WRK)

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Extremely significant positive changes in WestRock Company (NYSE: WRK) investment behavior have recently occurred: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Recent notable positive changes in fundamentals have benefitted WestRock Company (NYSE: WRK): the consensus estimate for September, 2025 increased significantly, and the consensus estimate for September, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, WRK is expected to continue to be a Value Builder.

WestRock has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. WestRock has a slightly positive Appreciation Score of 60 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.

Recent Price Action

On 6/28/24, WestRock Company (NYSE: WRK) stock increased 1.0%, closing at $50.26. Moreover, trading volume in this advance was exceptionally high at 257% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.7% during the last week.

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