Grenke AG : Buyers are coming back
Entry price | Target | Stop-loss | Potential |
---|
€159.3 |
€168.75 |
€154 |
+5.93% |
---|
Shares in Grenke AG have recently benefitted from a regain of interest by market participants. The technical chart pattern suggests a continuation of the upward movement.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The RSI level highlights a moderate predominance of sellers pressure on the stock.
Weaknesses● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
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