Iliad : After the accumulation, an upward acceleration ?
| Entry price | Target | Stop-loss | Potential |
|---|
|
€188.75 |
€198.95 |
€184 |
+5.4% |
|---|
After accumulation, acceleration. Timing appears favorable to go long in shares of Iliad and to anticipate an exit of the trading range on the upside.
Strengths● The company returns high margins, thereby supporting business profitability.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● With a 2016 P/E ratio at 27.13 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 198.05 EUR
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ILIAD 
