Stock Rating Upgrade
The Value Trend Rating for GATX Corp. (NYSE: GATX) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
GATX Corp. (NYSE: GATX) stock closed at $137.41 on 8/1/24 after a modest decline of -1.5%. NORMAL trading volume accompanied the decline. The stock has risen 2.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
GATX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
GATX has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. GATX has a neutral Appreciation Score of 49 but a good Power Rating of 78, with the Positive Value Trend Rating the result.
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