The calm spell can be taken advantage of to put on new positions
Strategy published on : 08/10/2017 | 09:06
Entry price : 94.59€
Target : 102€
Stop-loss : 90.9€
Potential : 7.83%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 95.43 support.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● As regards fundamentals, the enterprise value to sales ratio is at 1.06 for the current period. Therefore, the company is undervalued.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 91.06 EUR