Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Crawford & Co (NYSE: CRD.A) weakened of late. CRD.A’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Crawford & Co (NYSE: CRD.A) stock increased 1.7% on 3/18/24. The shares closed at $8.79. Moreover, this advance was accompanied by unusually high trading volume at 174% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CRD.A is expected to continue to be a major Value Builder.
Crawford has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Crawford has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 70, resulting in the Neutral Value Trend Rating.
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