Havas : The trend should regain control
Entry price | Target | Stop-loss | Potential |
---|
€8.44 |
€8.8 |
€8.17 |
+4.33% |
---|
The timing appears opportune to go long in shares of Havas as we anticipate another pick-up in the underlying trend.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The company returns high margins, thereby supporting business profitability.
● The company is in a robust financial situation considering its net cash and margin position.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The tendency within the weekly time frame is positive above the technical support level at 7.81 EUR
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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