Recent Price Action
VEON Ltd (NASDAQ: VEON) stock enjoyed a large increase of 4.7% on 11/20/23. The stock closed at $20.81. The stock has risen 17.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
VEON is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
VEON 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. VEON has a slightly positive Power Rating of 63 and a very high Appreciation Score of 92, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.