Stock Rating Upgrade
Recently the Value Trend Rating for Northrop Grumman Corp (NYSE: NOC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/17/23, Northrop Grumman Corp (NYSE: NOC) stock rose slightly by 0.06%, closing at $464.17. Relative to the market the stock has been strong over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
NOC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northrop Grumman has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northrop Grumman has a poor Appreciation Score of 20 but a slightly positive Power Rating of 69, with the Low Neutral Value Trend Rating the result.
Be the first to comment