Trinseo PLC (NYSE: TSE) stock closed at $8.36 on 12/19/23 after a major increase of 17.1%. Moreover, this advance was accompanied by unusually high trading volume at 167% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 29.0% during the last week.
Current PriceTarget Research Rating
TSE is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Trinseo has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Trinseo has a good Appreciation Score of 85 but a very low Power Rating of 1, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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