AB SKF : The trend should regain control
Entry price | Target | Stop-loss | Potential |
---|
SEK 180 |
SEK 200 |
SEK 175 |
+11.11% |
---|
Shares in SKF show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
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● This company will be of major interest to investors in search of a high dividend stock.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● The stock is in a well-established, long-term rising trend above the technical support level at 162.6 SEK
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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