Stock Rating Upgrade
The Value Trend Rating for GSK plc (NYSE: GSK) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
GSK plc (NYSE: GSK) stock closed at $40.65 on 6/14/24 after a modest decline of -1.1%. However, unusually low trading volume at 62% of normal accompanied the decline. The stock has declined -2.1% during the last week but has been strong relative to the market over the last nine months.
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 C (Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. GSK plc has a neutral Appreciation Score of 44 and a slightly positive Power Rating of 64, producing the Neutral Value Trend Rating.
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