Stock Rating Downgrade
In the last week the Value Trend Rating for Barings Bdc Inc (NYSE: BBDC) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/1/24, Barings Bdc Inc (NYSE: BBDC) stock enjoyed a large increase of 2.4%, closing at $9.50. However, trading volume in this advance was unusually low at 59% of normal. The stock has performed in line with the market over the last nine months and has risen 2.6% during the last week.
Current PriceTarget Research Rating
BBDC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Barings Bdc has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Barings Bdc has a neutral Power Rating of 51 but a good Appreciation Score of 70, triggering the High Neutral Value Trend Rating.
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