Portland General Electric Co (NYSE: POR) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.
Recent significant positive changes in fundamentals have benefitted Portland General Electric Co (NYSE: POR): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
POR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Portland General Electric has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Portland General Electric has a slightly positive Appreciation Score of 69 and a good Power Rating of 72, and the Positive Value Trend Rating results.
Recent Price Action
Portland General Electric Co (NYSE: POR) stock closed at $48.59 on 9/13/24 after a large increase of 2.2%. Moreover, trading volume in this advance was exceptionally high at 211% of normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
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