On 11/8/23, The Andersons Inc (NASDAQ: ANDE) stock suffered a major decline of -11.3%, closing at $46.22. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ANDE is expected to continue to be a modest Value Builder.
Andersons has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Andersons has a slightly positive Appreciation Score of 62 and a very high Power Rating of 98, producing the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment