Rio Tinto
RIO
Real-time CHI-X EUROPE LIMITED. - 09/26 04:22:13 pm
3895.5GBp
-1.57%

The technical configuration is positive

Envoyer par e-mail
Anas Lozach
Analyst

Strategy published on : 03/14/2018 | 09:15

long trade
Stop-loss triggered

Entry price : 3752GBp
Target : 4100GBp
Stop-loss : 3523.25GBp
Potential : 9.28%

Rio Tinto shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Investors have an opportunity to buy the stock and target the GBp 4100.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

● This company will be of major interest to investors in search of a high dividend stock.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● The tendency within the weekly time frame is positive above the technical support level at 3468.5 GBp


Weaknesses

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● The company's earnings releases usually do not meet expectations.

Zonebourse.com 2018
Envoyer par e-mail