Sapient Corporation : A rally could be expected
Entry price | Target | Stop-loss | Potential |
---|
US$15.57 |
US$0 |
US$15.02 |
-100% |
---|
Sapient Corporation shows relatively strong fundamentals and is coming back to attractive price.
The company displays qualitative Surperformance ratings. Sales and margins are improving. Revenues are expected to rise by 13% this year at 1.4 billion dollars while net margin should finish around 7%. The consensus is buyer with a potential of 27% considering the average target price.
The stock is trading within a large range between USD 15.4 and USD 17.75. Sapient Corporation is not likely to continue its downtrend because it is near to the strong USD 15.4 and it is oversold. A rebound on this support level can be anticipated towards USD 16.2.
The configuration could quickly take an uptrend with the combination of all technical and fundamental factors. Most active investors could therefore open buyers positions to aim the USD 16.2. However the position needs to be protected by a stop-loss order below the USD 15.4.
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