Bureau Veritas SA : In an upward trend
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€86.09 | €90 | €84.8 | +4.54% |
Regarding the fundamentals, firstly, we note the increase of sales recorded over the previous year. Indeed, the strong valuation shows an important growth potential.
Technically, the share has a bullish configuration on all time scales. Prices are supported by increasing moving averages as shown by the 20-period, in weekly data, and enclose the stock in a dynamic upward trend.
Given these elements, most active investors could take a buy position above the EUR 86.6 resistance for a new bullish signal. A stop loss is placed below the EUR 85 pivot point, threshold that would invalidate the bullish strategy.