Euronext N.V. : Back on a long term support level
Entry price | Target | Stop-loss | Potential |
---|
€90.1 |
€100 |
€85 |
+10.99% |
---|
Shares in Euronext N.V. are currently testing the support level at 83 EUR on the weekly chart. Investors should regard the recent downward movement as an opportunity to go long the stock.
Strengths● The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
Weaknesses● The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
● The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
● Based on current prices, the company has particularly high valuation levels.
● The overall consensus opinion of analysts has deteriorated sharply over the past four months.
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Surperformance is Buy on EURONEXT N.V. since 11/10/2023
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