GSK plc (NYSE: GSK). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
GSK plc (NYSE: GSK). Meaningful positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GSK is expected to continue to be a major Value Builder.
GSK plc has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. GSK plc has a very low Appreciation Score of 13 but a good Power Rating of 74, and the Negative Value Trend Rating results.
Recent Price Action
GSK plc (NYSE: GSK) stock closed at $42.34 on 2/28/24 after a slight decline of -0.09%. Trading volume in this decline was normal. The stock has risen 0.8% during the last week and has been strong relative to the market over the last nine months.
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