PLDT Inc (NYSE: PHI) stock enjoyed a major increase of 16.7% on 3/11/24. The shares closed at $26.99. Moreover, exceptionally high trading volume at 2338% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 17.5% during the last week.
Current PriceTarget Research Rating
PHI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
PLDT has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PLDT has a neutral Appreciation Score of 50 and a neutral Power Rating of 53, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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