Recent extremely meaningful positive changes in investment behavior have benefitted W.R. Berkley Corp (NYSE: WRB): its shorter term price trend turned up, and its longer term price trend turned up.
W.R. Berkley Corp (NYSE: WRB) has recently enjoyed notable positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
W.R. Berkley has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. W.R. Berkley has a neutral Appreciation Score of 54 but a good Power Rating of 75, producing the Positive Value Trend Rating.
Recent Price Action
W.R. Berkley Corp (NYSE: WRB) stock enjoyed a large increase of 2.3% on 1/15/25. The stock closed at $59.94. Moreover, above average trading volume at 131% of normal accompanied the advance. The stock has risen 4.8% during the last week and has been strong relative to the market over the last nine months.
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