UDG Healthcare plc : An opportune reversal
Entry price | Target | Stop-loss | Potential |
---|
GBX 325 |
GBX 360.6 |
GBX 321 |
+10.95% |
---|
The upward trend could come to support Udg Healthcare in the coming sessions.
The group benefit from growth forecast of its revenue and its margins. The ratio "Entreprise value / Revenue" is low at 0.54 for the current year.
Udg Healthcare is in bullish trend in the medium and long term. In the short term the trend is bearish but should turn to neutral with a breakout of the trendline at GBp 330. After the crossing of this level the way will be open to aim the GBp 360.
Investors should wait for the breakout of the trendline at GBp 330 in order to buy the share. Once this level will be crossed, the target will be fixed at GBp 360 and the stop loss at GBp 321.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.