C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) stock enjoyed a major increase of 12.3% on 5/2/24. The shares closed at $80.93. Moreover, exceptionally high trading volume at 355% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 14.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CHRW is expected to continue to be a major Value Builder.
C.H. Robinson Worldwide has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. C.H. Robinson Worldwide has a poor Appreciation Score of 18 and a very low Power Rating of 10, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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