Securitas AB : A medium term support level to take advantage of
Entry price | Target | Stop-loss | Potential |
---|
SEK 133.7 |
SEK 144 |
SEK 130.75 |
+7.7% |
---|
The technical support around 130.8 SEK emanating from daily closing prices could trigger a technical rebound for Securitas AB shares.
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● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The stock, which is currently worth 2017 to 0.66 times its sales, is clearly overvalued in comparison with peers.
● The company is one of the best yield companies with high dividend expectations.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Weaknesses● For the past seven days, analysts have been lowering their EPS expectations for the company.
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