● The share is getting closer to its long-term support in weekly data, at USD 19.67, which offers good timing for buyers.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Historically, the company has been releasing figures that are above expectations.
● With a P/E ratio at 7.95 for the current year and 7.54 for next year, earnings multiples are highly attractive compared with competitors.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
● Analysts covering the stock have recently lowered their earnings forecast.
● The underlying tendency is negative on the weekly chart below the resistance at 26.47 USD