Stock Rating Upgrade
In the last week the Value Trend Rating for Old Republic International Corp (NYSE: ORI) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Old Republic International Corp (NYSE: ORI) stock declined slightly by -0.2% on 8/9/24. The stock closed at $33.84. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -1.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ORI is expected to continue to be a Value Builder.
Old Republic has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Old Republic has a neutral Appreciation Score of 48 but a good Power Rating of 80, producing the Positive Value Trend Rating.
Be the first to comment