Hugo Boss AG : Expectation of a turn-around
Entry price | Target | Stop-loss | Potential |
---|
€50.02 |
€55 |
€47.2 |
+9.96% |
---|
The timing from a technical point of view appears attractive to go long in shares of Hugo Boss and to anticipate a trend reversal.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
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 46.64 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● The company is in a robust financial situation considering its net cash and margin position.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● Below the resistance at 59.2 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
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