Hannover Rückversich
HNR1
Delayed Frankfurt - 11/22 05:35:40 pm
108.1EUR
-0.23%

Very little upside potential, so the risk for a correction is significant

Envoyer par e-mail
Ulrich Ebensperger
Financial Analyst

Strategy published on : 11/10/2017 | 10:42

short sell
Live

Entry price : 109.35€
Target : 105€
Stop-loss : 110.25€
Potential : 3.98%

Up substantially over the past few weeks, shares in Hannover Rückversicherung should pause in their rise close to the major resistance around 110.25 EUR.
Summary

● The company usually posts poor financials for mid or long term investments.

● The company has poor fundamentals for a short-term investment strategy.


Strengths

● The group usually releases upbeat results with huge surprise rates.

● The company is one of the best yield companies with high dividend expectations.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

● Technically, the stock approaches a strong medium-term resistance at EUR 110.25.

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

● For the past seven days, analysts have been lowering their EPS expectations for the company.

● For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.

© Zonebourse.com 2017
Envoyer par e-mail