Strategy published on : 06/10/2019 | 05:09
Entry price : 36.3€
Target : 43.81€
Stop-loss : 28.4€
Potential : 20.69%
Shares in Nabaltec AG show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the € 43.81.
● 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 group's high margin levels account for strong profits.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The stock is in a well-established, long-term rising trend above the technical support level at 27.8 EUR
● The company is not the most generous with respect to shareholders' compensation.