LEONI AG
LEO
Delayed Frankfurt - 05/26 05:35:38 pm
49.22EUR
-1.27%

No turn-around in sight

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Ulrich Ebensperger
Financial Analyst

Strategy published on : 05/19/2017 | 10:25

long trade
Stop-loss triggered

Entry price : 52.14€
Target : 58€
Stop-loss : 49€
Potential : 11.24%

LEONI AG shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

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


Strengths

● The company shows low valuation levels, with an enterprise value at 0.47 times its sales.

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

● 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 twelve months, EPS forecast has been revised upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● The tendency within the weekly time frame is positive above the technical support level at 36.72 EUR


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.

● The stock is close to a major daily resistance at EUR 55.2, which should be gotten rid of so as to gain new appreciation potential.

Zonebourse.com 2017
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