Real-time CHI-X EUROPE LIMITED. - 05/26 04:23:16 am

Husqvarna AB : The revival in interest should continue

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Gallien Girardot

Strategy published on : 05/22/2020 | 05:43

long trade

Entry price : 64.36SEK
Target : 78SEK
Stop-loss : 57.55SEK
Potential : 21.19%

Husqvarna AB shares have been in strong demand lately. The technical chart pattern looks positive which may give rise to new gains.
Investors have an opportunity to buy the stock and target the SEK 78.


● Historically, the company has been releasing figures that are above expectations.


● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.

● For the past year, analysts have significantly revised downwards their profit estimates.

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