Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for GSK plc (NYSE: GSK) weakened of late. GSK’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
GSK plc (NYSE: GSK) stock increased 1.7% on 5/31/24. The shares closed at $44.77. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months but has declined -2.2% during the last week.
Current PriceTarget Research Rating
GSK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company 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 73, resulting in the Negative Value Trend Rating.
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