PORR AG : Good timing to go long again
Entry price | Target | Stop-loss | Potential |
---|
€35.35 |
€38.38 |
€34.49 |
+8.57% |
---|
The support at 35 EUR, which is currently being tested, should allow Porr AG shares to move back 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.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The close medium term support offers good timing for purchasing the stock.
● The company shows low valuation levels, with an enterprise value at 0.27 times its sales.
● This company will be of major interest to investors in search of a high dividend stock.
● Sales forecast by analysts have been recently revised upwards.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 30.5 EUR
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