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 declined slightly by -0.8% on 4/8/24. The stock closed at $40.85. However, trading volume in this decline was unusually low at 52% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.7% during the last week.
Current PriceTarget Research Rating
GSK is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
GSK plc has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. GSK plc has a very low Appreciation Score of 14 but a good Power Rating of 74, resulting in the Negative Value Trend Rating.
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