AKKA Technologies SE

AKA
Real-time Euronext Paris - 12/06 05:35:27 pm
57.9EUR
+1.22%

AKKA Technologies SE : Good timing to go long again

Envoyer par e-mail
Jordan Dufee
Analyst

Strategy published on : 12/03/2019 | 03:38

long trade
Live

Entry price : 57€
Target : 61.5€
Stop-loss : 54.8€
Potential : 7.89%

The recent downturn has taken AKKA Technologies SE shares close to a medium term support level around 54.9 EUR. The timing for a long trade in the stock appears good.
Investors have an opportunity to buy the stock and target the € 61.5.

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

● Share prices are approaching a strong support area in daily data, which offers good timing for investors.

● The stock, which is currently worth 2019 to 0.76 times its sales, is clearly overvalued in comparison with peers.

● 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

● The company is not the most generous with respect to shareholders' compensation.

● The underlying tendency is negative on the weekly chart below the resistance at 60.7 EUR

Zonebourse.com 2019
Envoyer par e-mail