Brammer continues its bullish rally to test new highs.

From a fundamental viewpoint, the group is in a good financial situation. Net margin and revenues are expected to rise sharply in the next fiscal years. A low valuation of the share (VE/Sales = 0.86) offers a growth potential on the stock.

Technically, the stock is moving in an upward trend for many weeks. This movement reflects a buyer enthusiasm confirmed also by the well orientation of the moving averages. The security is going toward GBp 482.3 and would give a strong buying signal if the crossing is confirmed in daily closing.

Therefore, investors could take a long position in Brammer, with a first target on the resistance of GBp 482.3. The crossing of this level will help the stock to aim GBp 500. A stop loss should be placed below GBp 447.5.