LafargeHolcim

LHN
Delayed Swiss Exchange - 07/19 09:32:57 am
49.89CHF
+1.11%

One could take advantage of the market's hesitation

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Anas Lozach
Analyst

Strategy published on : 07/09/2019 | 03:00

long trade
Live

Entry price : 48.34CHF
Target : 52CHF
Stop-loss : 46.2CHF
Potential : 7.57%

Shares in LafargeHolcim currently show the technical configuration of a trading range. The recently observed decline yields a good timing for new long positions close to the support level.
Investors have an opportunity to buy the stock and target the CHF 52.

Summary

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


Strengths

● The share is getting closer to its long-term support in weekly data, at CHF 46.81, which offers good timing for buyers.

● The close medium term support offers good timing for purchasing the stock.

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

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● The tendency within the weekly time frame is positive above the technical support level at 46.81 CHF


Weaknesses

● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.

● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.

Zonebourse.com 2019
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