Stock Rating Downgrade
In recent days the Value Trend Rating for ACCO Brands Corp (NYSE: ACCO) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
ACCO Brands Corp (NYSE: ACCO) stock declined slightly by -0.8% on 5/3/24. The stock closed at $4.88. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has risen 0.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ACCO is expected to continue to be an important Value Builder.
ACCO Brands has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR's two proprietary measures of a stock's attractiveness. ACCO Brands has a good Appreciation Score of 82 but a slightly negative Power Rating of 38, and the High Neutral Value Trend Rating results.