Strategy published on : 03/06/2018 | 16:28
long tradeTarget price hit
Entry price : 95.155$
Target : 117$
Stop-loss : 84.2$
Potential : 22.96%
The recent downside mouvement appears to lose momentum which could allow Andeavor shares to regain a positive medium term outlook.
Investors have an opportunity to buy the stock and target the $ 117.
● 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.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.51 for the 2018 fiscal year.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● 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.