On 11/7/23, PRA Group Inc (NASDAQ: PRAA) stock enjoyed a major increase of 16.6%, closing at $16.89. Relative to the market the stock has been extremely weak over the last nine months but has risen 37.2% during the last week.
Current PriceTarget Research Rating
PRAA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
PRA Group has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. PRA Group has a very high Appreciation Score of 89 but a very low Power Rating of 1, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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