Stock Rating Downgrade
Recently the Value Trend Rating for Innospec Inc (NASDAQ: IOSP) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 11/10/23, Innospec Inc (NASDAQ: IOSP) stock rose modestly by 0.6%, closing at $101.52. Relative to the market the stock has been strong over the last nine months and has risen 3.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, IOSP is expected to continue to be an important Value Builder.
Innospec has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Innospec has a slightly negative Appreciation Score of 32 and a neutral Power Rating of 54, triggering the Negative Value Trend Rating.
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