Strategy published on : 03/14/2018 | 09:03
long tradeStop-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.
● In a short-term perspective, the company has interesting fundamentals.
● 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
● 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.