Euronext N.V. : Back towards the lower end of the range
| Entry price | Target | Stop-loss | Potential |
|---|
|
€89 |
€94.3 |
€86.1 |
+5.96% |
|---|
Shares in Euronext N.V. currently show the technical configuration of a trading range. The recently observed decline yields a good timing for new long positions close to the support level.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 78.7 EUR
● Based on current prices, the company has particularly high valuation levels.
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Surperformance is Buy on EURONEXT N.V. since 11/10/2023
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EURONEXT N.V. 
