Real-time Euronext Paris - 09/25 01:16:05 pm

Good timing to anticipate a continuation of the trend

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Anas Lozach

Strategy published on : 03/08/2018 | 10:05

long trade

Entry price : 63.1€
Target : 68.7€
Stop-loss : 60.4€
Potential : 8.87%

Shares in Legrand show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the € 68.7.


● 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.


● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

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

● Over the last twelve months, the sales forecast has been frequently revised upwards.

Zonebourse.com 2018
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