Strategy published on : 08/13/2019 | 02:02
Entry price : 42.17€
Target : 47.16€
Stop-loss : 41€
Potential : 11.83%
The technical chart pattern of Fresenius SE & Co. KGaA stock suggests the beginning of a trend reversal over the medium term.
Investors have an opportunity to buy the stock and target the € 47.16.
● In a short-term perspective, the company has interesting fundamentals.
● The share is getting closer to its long-term support in weekly data, at EUR 38.99, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● Sales forecast by analysts have been recently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The group shows a rather high level of debt in proportion to its EBITDA.
● The company's earnings releases usually do not meet expectations.