Stock Rating Upgrade
In the last week the Value Trend Rating for Kaiser Aluminum Corp (NASDAQ: KALU) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Kaiser Aluminum Corp (NASDAQ: KALU) stock closed at $75.46 on 3/8/24 after a slight decline of -0.03%. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months but has risen 4.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KALU is expected to be a Value Builder.
Kaiser Aluminum has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kaiser Aluminum has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 34, producing the Low Neutral Value Trend Rating.
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