Good timing based on weekly price data
Strategy published on : 04/13/2018 | 09:04
Entry price : 28.38€
Target : 32€
Stop-loss : 26.5€
Potential : 12.76%
● The share is getting closer to its long-term support in weekly data, at EUR 27.73, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● With a 2018 P/E ratio at 25.33 times the estimated earnings, the company operates at rather significant levels of earnings multiples.