Adecoagro SA (NYSE: AGRO) stock enjoyed a major increase of 12.0% on 12/5/23. The shares closed at $12.35. Moreover, this advance was accompanied by exceptionally high trading volume at 407% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.0% during the last week.
Current PriceTarget Research Rating
AGRO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Adecoagro has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Adecoagro has a very high Appreciation Score of 87 and a very high Power Rating of 95, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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