DRDGold Ltd (NYSE: DRD) has recently enjoyed significant positive changes in technical position: positive upside/downside volume developed.
Current PriceTarget Research Rating
DRD is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
DRDGold has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. DRDGold has a slightly negative Appreciation Score of 39 but a very high Power Rating of 87, leading to the High Neutral Value Trend Rating.
Rating Review
DRDGold Ltd (NYSE: DRD) has recently enjoyed significant positive changes in technical position: positive upside/downside volume developed.
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