Trinet Group Inc (NYSE: TNET) stock enjoyed a major increase of 11.0% on 11/6/24. The shares closed at $93.08. Moreover, this advance was accompanied by above average trading volume at 139% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TNET is expected to continue to be a major Value Builder.
Trinet Group has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Trinet Group has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 38, triggering the Low 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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