On 11/6/24, The Andersons Inc (NASDAQ: ANDE) stock enjoyed a major increase of 12.6%, closing at $48.86. Moreover, this advance was accompanied by exceptionally high trading volume at 231% of normal. The stock has risen 5.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ANDE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Andersons has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Andersons has a slightly positive Appreciation Score of 67 and a neutral Power Rating of 41, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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