Strategy published on : 12/04/2017 | 09:01
long tradeTarget price hit
Entry price : 150.5€
Target : 158€
Stop-loss : 145.6€
Potential : 4.98%
The fact that share price is returning to the lower bounds of the trading range offers a good timing to enter into new long positions in Sopra Steria Group.
Investors have an opportunity to buy the stock and target the € 158.
● 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.
● The group usually releases upbeat results with huge surprise rates.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 129.35 EUR
● According to forecast, a sluggish sales growth is expected for the next fiscal years.