Stock Rating Upgrade
In the last week the Value Trend Rating for Companhia Paranaense De Energia (NYSE: ELP) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Companhia Paranaense De Energia (NYSE: ELP) stock closed at $9.43 on 11/17/23 after a modest decline of -0.9%. The stock has risen 7.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ELP is expected to continue to be a major Value Builder.
Companhia Paranaense De Energia has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Companhia Paranaense De Energia has a very low Appreciation Score of 3 but a very high Power Rating of 88, producing the Low Neutral Value Trend Rating.
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