Stock Rating Upgrade
Recently the Value Trend Rating for Tredegar Corp (NYSE: TG) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Tredegar Corp (NYSE: TG) stock closed at $6.42 on 9/13/24 after a very large increase of 6.5%. Moreover, this advance was accompanied by above average trading volume at 127% of normal. The stock has risen 4.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, TG is expected to be Value Creation neutral.
Tredegar has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tredegar has a poor Appreciation Score of 16 but a good Power Rating of 72, leading to the Low Neutral Value Trend Rating.
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