MLP SE : The resistance should give in
Entry price | Target | Stop-loss | Potential |
---|
€8.55 |
€11 |
€7.3 |
+28.65% |
---|
MLP SE shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
Strengths● Thanks to a sound financial situation, the firm has significant leeway for investment.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.06 for the 2021 fiscal year.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Sales forecast by analysts have been recently revised upwards.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Over the past four months, analysts' average price target has been revised upwards significantly.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● The average consensus view of analysts covering the stock has deteriorated over the past four months.
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