A medium term support level to take advantage of
Strategy published on : 02/13/2018 | 09:20
Entry price : 36.58€
Target : 38.83€
Stop-loss : 35.5€
Potential : 6.15%
● 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.
● The share is getting closer to its long-term support in weekly data, at EUR 34.73, which offers good timing for buyers.
● The stock, which is currently worth 2017 to 0.77 times its sales, is clearly overvalued in comparison with peers.
● The company is one of the best yield companies with high dividend expectations.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The tendency within the weekly time frame is positive above the technical support level at 34.73 EUR
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.