Stock Rating Upgrade
The Value Trend Rating for Ecolab Inc. (NYSE: ECL) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/3/24, Ecolab Inc. (NYSE: ECL) stock rose modestly by 0.3%, closing at $227.50. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
ECL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Ecolab has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ecolab has a very low Appreciation Score of 7 but a good Power Rating of 85, resulting in the Low Neutral Value Trend Rating.
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