SiriusPoint Ltd (NYSE: SPNT) stock closed at $14.25 on 11/6/24 after a major increase of 10.3%. Moreover, unusually high trading volume at 166% of normal accompanied the advance. The stock has risen 5.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SPNT is expected to continue to be a modest Value Builder.
SiriusPoint has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. SiriusPoint has a good Appreciation Score of 74 and a good Power Rating of 79, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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