Stock Rating Upgrade
In recent days the Value Trend Rating for Trinseo PLC (NYSE: TSE) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 1/12/24, Trinseo PLC (NYSE: TSE) stock declined slightly by -0.8%, closing at $6.17. However, this decline was accompanied by exceptionally low trading volume at 46% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -22.4% during the last week.
Current PriceTarget Research Rating
TSE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Trinseo has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Trinseo has a very high Appreciation Score of 88 but a very low Power Rating of 1, with the Low Neutral Value Trend Rating the result.
Be the first to comment