KBC Groupe NV : The technical rebound is ending
Entry price | Target | Stop-loss | Potential |
---|
€58.16 |
€55 |
€61.2 |
+5.43% |
---|
In close proximity to the technical resistance zone that has been tested over several trading sessions, stocks in KBC Groupe could experience a pullback over the coming trading sessions towards technical support levels based on daily closing prices.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● This company will be of major interest to investors in search of a high dividend stock.
● 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.
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● Revenue estimates are regularly revised downwards for the current and coming years.
● Analysts covering the stock have recently lowered their earnings forecast.
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