AB SKF : A trend reversal is in sight
Entry price | Target | Stop-loss | Potential |
---|
SEK 218.9 |
SEK 256.3 |
SEK 194 |
+17.09% |
---|
Shares in AB SKF reflect an interesting technical chart pattern allowing for a bet on a reversal of the medium term trend.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
● The company has a good ESG score relative to its sector, according to Refinitiv.
Strengths● Analyst opinion has improved significantly over the past four months.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
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