Bureau Veritas SA : The technical configuration is positive
BUY
Repli_rebond
Stop-loss triggered
| Entry price | Target | Stop-loss | Potential |
|---|
|
€24.5 |
€27 |
€23.26 |
+10.2% |
|---|
Bureau Veritas SA's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Summary● In a short-term perspective, the company has interesting fundamentals.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 23.44 EUR
● Stock prices approach a strong long-term resistance in weekly data at EUR 25.52.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The company's earnings releases usually do not meet expectations.
● The company benefits from high valuations in earnings multiples.
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BUREAU VERITAS SA 
