Kaiser Aluminum Corp (NASDAQ: KALU) stock enjoyed a major increase of 11.3% on 10/28/24. The shares closed at $76.07. Moreover, this advance was accompanied by exceptionally high trading volume at 281% of normal. The stock has risen 3.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, KALU is expected to be a Value Builder.
Kaiser Aluminum 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. Kaiser Aluminum has a neutral Power Rating of 52 and a slightly positive Appreciation Score of 65, leading to the High 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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