Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Spectrum Brands Holdings Inc (NYSE: SPB) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Spectrum Brands Holdings Inc (NYSE: SPB) stock closed at $88.22 on 11/15/24 after a large decline of -6.0%. Moreover, this decline was accompanied by exceptionally high trading volume at 333% of normal. The stock has declined -3.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Spectrum Brands Holdings has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Spectrum Brands Holdings has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 60, with the High Neutral Value Trend Rating the result.
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