Strategy published on : 07/17/2017 | 08:06
long tradeTarget price hit
Entry price : 830.5CHF
Target : 900CHF
Stop-loss : 818CHF
Potential : 8.37%
Dorma+kaba's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the CHF 900.
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● Sales forecast by analysts have been recently revised upwards.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 765.5 CHF
● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
● With an expected P/E ratio at 32.73 and 25.36 respectively for both the current and next fiscal years, the company operates with high earnings multiples.