Stock Rating Downgrade
In the last week the Value Trend Rating for Assurant Inc. (NYSE: AIZ) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 8/9/24, Assurant Inc. (NYSE: AIZ) stock enjoyed a large increase of 4.2%, closing at $177.39. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 1.6% during the last week.
Current PriceTarget Research Rating
AIZ’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Assurant has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Assurant has a poor Appreciation Score of 30 but a neutral Power Rating of 54, and the Negative Value Trend Rating results.
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