Proximus
PROX
Real-time TRADEGATE AG - 12/13 09:40:21 pm
27.562EUR
-1.96%

The underlying trend is to the upside

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Patrick Rejaunier
Equity Analyst

Strategy published on : 03/20/2017 | 09:23

long trade on a pullback
Expirée le 04/04/2017

Entry price : 28.5€
Target : 30.47€
Stop-loss : 27.59€
Cancellation Level : 30€
Potential : 6.91%

Shares in PROXIMUS do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Summary

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


Strengths

● The company returns high margins, thereby supporting business profitability.

● 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.

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

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

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 30.63.

● According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

● Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.

● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

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