Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Sasol Ltd (NYSE: SSL) improved of late. SSL’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 8/9/24, Sasol Ltd (NYSE: SSL) stock declined slightly by -0.3%, closing at $7.14. However, this decline was accompanied by exceptionally low trading volume at 38% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -10.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SSL is expected to continue to be a major Value Builder.
Sasol has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sasol has a very high Appreciation Score of 93 but a slightly negative Power Rating of 38, triggering the Positive Value Trend Rating.
Be the first to comment