Casino, Guichard-Perrachon SA : Hesitation should subside in favor of volatility
BUY
Conditionne
Target price hit
| Entry price | Target | Stop-loss | Potential |
|---|
|
€47.25 |
€50.2 |
€46.25 |
+6.24% |
|---|
The price of Casino Guichard shares is range-bound. This phase will end sooner or later when volatility comes back.
Summary● The company has solid fundamentals for a short-term investment strategy.
● The company shows low valuation levels, with an enterprise value at 0.2 times its sales.
● This company will be of major interest to investors in search of a high dividend stock.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● The stock is close to a major daily resistance at EUR 47.02, which should be gotten rid of so as to gain new appreciation potential.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● The company does not generate enough profits, which is an alarming weak point.
● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
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CASINO, GUICHARD-PERRACHON SA 
