Safety Insurance Group Inc (NASDAQ: SAFT) stock closed at $88.30 on 11/6/24 after a major increase of 10.7%. Moreover, exceptionally high trading volume at 335% of normal accompanied the advance. The stock has risen 12.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
SAFT’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Safety Insurance Group 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. Safety Insurance Group has a poor Appreciation Score of 18 but a neutral Power Rating of 55, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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