Altran Technologies : Back on an important level
Entry price | Target | Stop-loss | Potential |
---|
€14.37 |
€16.7 |
€13.5 |
+16.25% |
---|
Pursuant to the correction that has taken place in recent weeks with respect to the shares in Altran Technologies, further downside risk now appears limited by close and important technical support levels at 14 EUR.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 14.15, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● The company is in a robust financial situation considering its net cash and margin position.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 14.15 EUR
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