E.D.F. : An expected move to the downside
| Entry price | Target | Stop-loss | Potential |
|---|
|
€11.93 |
€10.8 |
€12.7 |
+9.43% |
|---|
The price of the stock, which is currently testing the lower bounds of the accumulation phase, should prolong its downward movement over the upcoming trading sessions.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 10.85 EUR in weekly data.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The group shows a rather high level of debt in proportion to its EBITDA.
● The company's earnings releases usually do not meet expectations.
● For the last few months, analysts have been revising downwards their earnings forecast.
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E.D.F. 
