Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Walgreens Boots Alliance Inc (NASDAQ: WBA) weakened during the last several trading days. WBA’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Walgreens Boots Alliance Inc (NASDAQ: WBA) stock increased 1.2% on 10/18/24. The shares closed at $10.79. Trading volume in this advance was normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 19.5% during the last week.
Current PriceTarget Research Rating
WBA’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.
Walgreens Boots Alliance 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 very contradictory signals. Walgreens Boots Alliance has a good Appreciation Score of 81 but a very low Power Rating of 1, with the Negative Value Trend Rating the result.
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