Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Eaton Corp Plc (NYSE: ETN) improved in the last week. ETN’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Eaton Corp Plc (NYSE: ETN) stock declined slightly by -0.2% on 1/31/25. The stock closed at $326.44. Moreover, exceptionally high trading volume at 247% of normal accompanied the decline. The stock has declined -11.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Eaton has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Eaton has a poor Appreciation Score of 19 but a good Power Rating of 71, leading to the Low Neutral Value Trend Rating.
Be the first to comment