Matson Inc (NYSE: MATX) stock enjoyed a major increase of 15.9% on 10/31/24. The shares closed at $154.89. Moreover, trading volume in this advance was exceptionally high at 252% of normal. The stock has risen 18.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MATX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Matson has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Matson has a neutral Appreciation Score of 59 but a good Power Rating of 75, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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