Zurich Insurance Group Ltd : An opportunity over the medium term?
Entry price | Target | Stop-loss | Potential |
---|
CHF 296.3 |
CHF 320 |
CHF 290 |
+8% |
---|
Zurich Insurance Group shares reflect an interesting technical chart pattern from a medium term view In fact, the support at 294.1 CHF represents an important technical support area based on weekly price data that could limit downward movements by the stock.
Summary● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
● The company has poor fundamentals for a short-term investment strategy.
Strengths● The share is getting closer to its long-term support in weekly data, at CHF 294.1, which offers good timing for buyers.
● The company is one of the best yield companies with high dividend expectations.
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