Stock Rating Downgrade
The Value Trend Rating for Erie Indemnity Co (NASDAQ: ERIE) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Erie Indemnity Co (NASDAQ: ERIE) stock closed at $383.46 on 2/21/25 after a modest decline of -1.0%. However, trading volume in this decline was below average at 71% of normal. The stock has risen 0.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Erie Indemnity has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Erie Indemnity has a poor Appreciation Score of 23 but a slightly positive Power Rating of 62, leading to the Negative Value Trend Rating.
Be the first to comment