Bic

BB
Real-time Euronext Paris - 03/21 10:07:16 am
78.75EUR
+0.19%

Hesitation should subside in favor of volatility

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Anas Lozach
Analyst

Strategy published on : 03/12/2019 | 10:14

long trade
Stop-loss triggered

Entry price : 82.65€
Target : 88€
Stop-loss : 79.9€
Potential : 6.47%

The price of Bic shares is range-bound. This phase will end sooner or later when volatility comes back.
Investors have an opportunity to buy the stock and target the € 88.

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

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

● This company will be of major interest to investors in search of a high dividend stock.


Weaknesses

● According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

● Most analysts recommend that the stock should be sold or reduced.

Zonebourse.com 2019
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