The title is rooted in a strong bullish channel since 1 year and a half and has recently escaped from the top with high volumes. This element could renew a buyer enthusiasm for the German industrial machinery group.

Basically, the company enjoys a strong financial position with a gearing gradually decreasing, to stand at 0.64x for this year. Profitability ratios are largely satisfying with an operating margin amounted to 17% and a net margin of 11.5% for 2013. Finally, analysts polled by Thomson Reuters have regularly revised upward their forecasts for EPS and revenue for the next two years.

Graphically, the title managed to overcome the bullish channel with 3 sessions where prices have jumped nearly 10% in abnormal volumes. The orientation of the daily moving averages should help the trend to continue.

It would be appropriate, given the fundamental qualities of the group and a remobilization of buyers flow to pay LPKF Laser & Electronics above the recently highs hit at EUR 13.7 to hope for a potential gain of 10% (target to EUR 15). A stop-loss is placed under EUR 13.7.