Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Copa Holdings SA (NYSE: CPA) improved of late. CPA’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Copa Holdings SA (NYSE: CPA) stock declined slightly by -0.3% on 9/10/24. The stock closed at $85.04. Moreover, trading volume in this decline was unusually high at 153% of normal. The stock has been weak relative to the market over the last nine months and has declined -5.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CPA is expected to continue to be a major Value Builder.
Copa Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Copa Holdings has a very high Appreciation Score of 88 but a slightly negative Power Rating of 37, triggering the Positive Value Trend Rating.
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