Stock Rating Downgrade
The Value Trend Rating for Archer-Daniels-Midland Co (NYSE: ADM) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/18/24, Archer-Daniels-Midland Co (NYSE: ADM) stock increased 1.9%, closing at $60.41. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 10.2% during the last week.
Current PriceTarget Research Rating
ADM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Archer-Daniels-Midland has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Archer-Daniels-Midland has a good Appreciation Score of 84 but a very low Power Rating of 3, producing the Negative Value Trend Rating.