Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Qiagen NV (NYSE: QGEN) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Qiagen NV (NYSE: QGEN) stock closed at $43.00 on 10/18/24 after a modest gain of 0.7%. However, trading volume in this advance was below average at 82% of normal. The stock has declined -0.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
QGEN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Qiagen has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Qiagen has a neutral Power Rating of 46 and a neutral Appreciation Score of 44, triggering the Low Neutral Value Trend Rating.
Be the first to comment