Pepco Group Has Reached a Turning Point -- Market Talk

Dow Jones
06/22

1057 GMT - Pepco is moving from being a company in restructuring to one more focused on growth and higher shareholder returns, Citi's Rafal Wiatr writes. The discount retailer reported a rise in first half profit on May 21 and said it plans to increase its dividend payout ratio to 40%, from 25% over time. It also plans to return 400 million euros to shareholders this fiscal year."The recent results confirm that the business has reached a turning point, indicating that Pepco is shifting from a period of fixing operational issues to a phase of focused growth," Wiatrsays. Citi upgrades its rating on the stock to buy from neutral and increases its target price to 40 Polish Zloty from 31 zloty.Shares are up 2.9% to 35.74 zloty. (ian.walker@wsj.com)

 

(END) Dow Jones Newswires

June 22, 2026 06:57 ET (10:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10