SSP Group PLC : The technical configuration is positive
BUY
Conditionne
Stop-loss triggered
Entry price | Target | Stop-loss | Potential |
---|
GBX 333 |
GBX 351.2 |
GBX 324 |
+5.47% |
---|
SSP Group PLC shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
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● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the past twelve months, EPS forecast has been revised upwards.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 293.4 GBp
Weaknesses● The stock is close to a major daily resistance at GBp 332.1, which should be gotten rid of so as to gain new appreciation potential.
● The company's earnings releases usually do not meet expectations.
● The company is not the most generous with respect to shareholders' compensation.
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