Imerys
NK
Real-time Euronext Paris - 09/25 11:22:03 am
64.1EUR
+2.23%

Good timing to anticipate a continuation of the trend

Envoyer par e-mail
Anas Lozach
Analyst

Strategy published on : 03/14/2018 | 09:03

long trade
Stop-loss triggered

Entry price : 80.85€
Target : 88€
Stop-loss : 77.5€
Potential : 8.84%

The timing appears opportune to go long in shares of Imerys as we anticipate another pick-up in the underlying trend.
Investors have an opportunity to buy the stock and target the € 88.

Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The group's high margin levels account for strong profits.

● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.

● The tendency within the weekly time frame is positive above the technical support level at 78.75 EUR


Weaknesses

● The group shows a rather high level of debt in proportion to its EBITDA.

● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Zonebourse.com 2018
Envoyer par e-mail