A medium term support level to take advantage of
Strategy published on : 09/12/2017 | 09:28
Entry price : 15.85CHF
Target : 17CHF
Stop-loss : 15.2CHF
Potential : 7.26%
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 13.98 for the current year.
● This company will be of major interest to investors in search of a high dividend stock.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 15.05 CHF
● According to forecast, a sluggish sales growth is expected for the next fiscal years.