SAFRAN
SAF
Real-time Euronext Paris - 05/26 05:35:06 pm
79.57EUR
+1.4%

The calm spell can be taken advantage of to put on new positions

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Jordan Dufee
 

Strategy published on : 05/18/2017 | 09:17

long trade on a pullback
Conditional Order Terminated

Entry price : 73.6€
Target : 78.15€
Stop-loss : 71.5€
Cancellation Level : 78€
Potential : 6.18%

The price of SAFRAN shares is range-bound. This phase will end sooner or later when volatility comes back.
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 group's high margin levels account for strong profits.

● The company is in a robust financial situation considering its net cash and margin position.

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 66.31 EUR


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 78.13.

● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.

● The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

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