Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Natural Resource Partners LP (NYSE: NRP) improved of late. NRP’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Natural Resource Partners LP (NYSE: NRP) stock declined by -2.4% on 9/10/24. The shares closed at $83.14. Moreover, trading volume in this decline was above average at 141% of normal. The stock has declined -6.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NRP is expected to continue to be a major Value Builder.
Natural Resource Partners has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Natural Resource Partners has a very high Appreciation Score of 88 but a slightly negative Power Rating of 38, producing the Positive Value Trend Rating.
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