Jungheinrich AG : A medium term support level to take advantage of
Entry price | Target | Stop-loss | Potential |
---|
€26.84 |
€30 |
€25.5 |
+11.77% |
---|
The technical support around 26.12 EUR emanating from daily closing prices could trigger a technical rebound for Jungheinrich AG shares.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The group usually releases upbeat results with huge surprise rates.
● As regards fundamentals, the enterprise value to sales ratio is at 0.75 for the current period. Therefore, the company is undervalued.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
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