Schneider Electric
SU
Real-time Euronext Paris - 05/26 05:38:27 pm
68.96EUR
-0.19%

Back on an important level

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Patrick Rejaunier
Equity Analyst

Strategy published on : 05/19/2017 | 09:14

long trade
Live

Entry price : 68.7€
Target : 74.5€
Stop-loss : 66.49€
Potential : 8.44%

The technical support around 67.54 EUR emanating from daily closing prices could trigger a technical rebound for Schneider Electric shares.
Summary

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


Strengths

● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 67.54 support.

● The group's high margin levels account for strong profits.

● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

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

● The stock is in a well-established, long-term rising trend above the technical support level at 64.03 EUR


Weaknesses

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

Zonebourse.com 2017
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