Adtalem Global Education Inc (NYSE: ATGE) stock enjoyed a major increase of 14.7% on 5/3/24. The shares closed at $60.08. Moreover, this advance was accompanied by exceptionally high trading volume at 282% of normal. The stock has been strong relative to the market over the last nine months and has risen 26.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ATGE is expected to continue to be an important Value Builder.
Adtalem Global Education 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. Adtalem Global Education has a neutral Appreciation Score of 55 but a good Power Rating of 72, and the Positive Value Trend Rating results.
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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