Commercial Vehicle Group Inc (NASDAQ: CVGI) stock suffered a major decline of -10.4% on 11/2/23. The shares closed at $6.21. The stock has been strong relative to the market over the last nine months but has declined -11.8% during the last week.
Current PriceTarget Research Rating
CVGI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Commercial Vehicle Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Commercial Vehicle Group has a neutral Appreciation Score of 59 but a good Power Rating of 78, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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