A medium term support level to take advantage of
Strategy published on : 11/09/2017 | 09:03
Entry price : 35.46€
Target : 43€
Stop-loss : 31.7€
Potential : 21.26%
● 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.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 35 support.
● Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 31.41 EUR