Stock Rating Upgrade
Of late the Value Trend Rating for CME Group Inc (NASDAQ: CME) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 9/20/24, CME Group Inc (NASDAQ: CME) stock declined slightly by -0.7%, closing at $213.16. Moreover, this decline was accompanied by unusually high trading volume at 154% of normal. The stock has performed in line with the market over the last nine months and has declined -1.9% during the last week.
Current PriceTarget Research Rating
CME’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CME Group 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. CME Group has a slightly negative Appreciation Score of 31 and a neutral Power Rating of 56, leading to the Low Neutral Value Trend Rating.
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