GTT - Gaztransport e

GTT
Real-time Euronext Paris - 07/19 04:38:00 pm
88.5EUR
-1.06%

A good level to buy

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Anas Lozach
Analyst

Strategy published on : 05/09/2019 | 06:11

long trade
Target price hit

Entry price : 77.3€
Target : 85€
Stop-loss : 73€
Potential : 9.96%

The support at 77 EUR, which is currently being tested, should allow GTT - Gaztransport et Technigaz shares to move back to the upside.
Investors have an opportunity to buy the stock and target the € 85.

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 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.

● The company is one of the best yield companies with high dividend expectations.

● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 65.2 EUR


Weaknesses

● Based on current prices, the company has particularly high valuation levels.

Zonebourse.com 2019
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