Lufthansa : Still a great upward potential
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
€15.84 | €0 | €14.9 | -100% |
The company’s fundamentals are still strong. Analysts from Thomson Reuters consensus have revised largely upward their EPS estimates. The last EPS was at EUR 2.16.
Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In weekly data, 20-week moving average helps the stock to keep its uptrend.
In this context, a pullback on the EUR 15.6 support would be an opportunity to take a long position to target EUR 16.55. A stop loss will be set beneath EUR 15.1