EMEIS : In an accumulation phase
Entry price | Target | Stop-loss | Potential |
---|
€102.95 |
€111 |
€98.6 |
+7.82% |
---|
An exit from the recently observed accumulation phase to the upside could allow for the assumption that a clear upward trend is re-established with an increase in volatility.
Strengths● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 88.85 EUR
Weaknesses● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
● The firm trades with high earnings multiples: 31.91 times its 2017 earnings per share.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
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