You can see in the accompanying table the percentage difference between each stock’s recent closing price and its intrinsic value. The “StockCalc Valuation” column is a weighted calculation derived from the models .
This sector comprises companies engaged in packaged foods, grocery stores and beverages. It also includes discount stores, household and personal products, and education services. Unlike other industries we have run in the past, most valuations here are close to the actual price for these stocks. Notably, analyst targets are somewhat above our valuations, which may imply analysts feel more funds will move to these names as a recession develops, driving up their prices.
Investing involves risk. StockCalc accepts no liability whatsoever for any loss or damage arising from the use of this analysis.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CTVCalgary - 🏆 26. / 68 Read more »