Leoni : Good timing to anticipate the return of volatility
Entry price | Target | Stop-loss | Potential |
---|
€50.25 |
€55.5 |
€47.84 |
+10.45% |
---|
LEONI AG shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
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 shows low valuation levels, with an enterprise value at 0.46 times its sales.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 13.83 for the current year.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The tendency within the weekly time frame is positive above the technical support level at 36.72 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 53.52.
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