PageGroup plc : The upward trend should continue
Entry price | Target | Stop-loss | Potential |
---|
GBX 449.2 |
GBX 491.4 |
GBX 431.6 |
+9.39% |
---|
A strong break-out to the upside has recently been seen in PageGroup. The current technical chart pattern could allow for a continuation of the upward dynamic.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Historically, the company has been releasing figures that are above expectations.
● As regards fundamentals, the enterprise value to sales ratio is at 0.82 for the current period. Therefore, the company is undervalued.
● This company will be of major interest to investors in search of a high dividend stock.
Weaknesses● For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
● Below the resistance at 470 GBp, the stock shows a negative configuration when looking looking at the weekly chart.
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