Stock Rating Upgrade
The Value Trend Rating for Federated Hermes Inc (NYSE: FHI) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/22/24, Federated Hermes Inc (NYSE: FHI) stock increased 1.5%, closing at $42.34. However, trading volume in this advance was below average at 73% of normal. Relative to the market the stock has been strong over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
Federated Hermes has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Federated Hermes has a neutral Appreciation Score of 56 but a good Power Rating of 74, resulting in the Positive Value Trend Rating.
Be the first to comment