Stock Rating Downgrade
The Value Trend Rating for MDU Resources Group Inc. (NYSE: MDU) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
MDU Resources Group Inc. (NYSE: MDU) stock enjoyed a large increase of 2.4% on 11/8/24. The stock closed at $17.93. This advance was accompanied by normal trading volume. The stock has declined -37.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
MDU is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MDU Resources Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MDU Resources Group has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 64, and the High Neutral Value Trend Rating results.
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