● The company has solid fundamentals for a short-term investment strategy.
Strengths
● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 74.8 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● Historically, the company has been releasing figures that are above expectations.
● The stock, which is currently worth 2018 to 0.26 times its sales, is clearly overvalued in comparison with peers.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● Below the resistance at 90.45 EUR, the stock shows a negative configuration when looking looking at the weekly chart.