Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for ICL GROUP LTD (NYSE: ICL) fell significantly during the last several trading days. ICL’s current Value Trend Rating is F and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/1/24, ICL GROUP LTD (NYSE: ICL) stock rose modestly by 0.4%, closing at $5.38. However, this advance was accompanied by below average trading volume at 68% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.3% during the last week.
Current PriceTarget Research Rating
ICL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
ICL GROUP has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ICL GROUP has a neutral Appreciation Score of 52 but a very low Power Rating of 8, triggering the Lowest Value Trend Rating.
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