SIFCO Industries Inc. (NYSEAMERICAN: SIF) stock enjoyed a major increase of 13.3% on 8/29/24. The shares closed at $4.44. Moreover, exceptionally high trading volume at 449% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 20.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SIF is expected to continue to be Value Creation neutral.
SIFCO Industries has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SIFCO Industries has a neutral Power Rating of 48 and a slightly negative Appreciation Score of 36, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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