Alert: Major Price Advance (8/1/24)-C.H. Robinson Worldwide Inc. (NASDAQ: CHRW).

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On 8/1/24, C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) stock enjoyed a major increase of 14.8%, closing at $102.21. Moreover, exceptionally high trading volume at 244% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 13.3% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. C.H. Robinson Worldwide has a slightly negative Power Rating of 33 and a poor Appreciation Score of 18, with the Lowest Value Trend Rating the result.

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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