LVMH Mot Hennessy V
MC
Real-time Euronext Paris - 12/12 09:25:41 am
245.75EUR
-0.18%

The stock approaches again the support level

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Jordan Dufee
Analyst

Strategy published on : 12/04/2017 | 08:41

long trade on a pullback
On stand-by

Entry price : 237.8€
Target : 260€
Stop-loss : 230€
Cancellation Level : 255€
Potential : 9.34%

LVMH Mot Hennessy Vuitton SE shares have been fluctuating horizontalally for several weeks. As the share price approaches the lower bounds, a buying opportunity could arise.
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 close medium term support offers good timing for purchasing the stock.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.

● Sales forecast by analysts have been recently revised upwards.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 213.15 EUR

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