Henkel AG & Co. KGaA : An acceleration to the downside ahead
Entry price | Target | Stop-loss | Potential |
---|
€0 |
€105 |
€114 |
-∞% |
---|
As the last defense the currenty tested technical support break down over the upcoming trading sessions, which should trigger a new bearish pullback for stocks in Henkel.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 113, which offers good timing for buyers.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The company returns high margins, thereby supporting business profitability.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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