Sparebanken Vest : The underlying trend is in force again
Entry price | Target | Stop-loss | Potential |
---|
NOK 104.4 |
NOK 120 |
NOK 96 |
+14.94% |
---|
Shares in Sparebanken Vest show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● With a P/E ratio at 12.18 for the current year and 11.92 for next year, earnings multiples are highly attractive compared with competitors.
● The company is one of the best yield companies with high dividend expectations.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
● Analyst opinion has improved significantly over the past four months.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● Over the past twelve months, analysts' consensus has been significantly revised downwards.
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