Strategy published on : 07/11/2018 | 08:52
long tradeStop-loss triggered
Entry price : 31.1€
Target : 35€
Stop-loss : 29.3€
Potential : 12.54%
The recent downside mouvement appears to lose momentum which could allow Maisons du Monde shares to regain a positive medium term outlook.
Investors have an opportunity to buy the stock and target the € 35.
● 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.
● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 29.66 EUR in weekly data.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.