Strategy published on : 05/16/2019 | 02:45
long tradeTarget price hit
Entry price : 73.8€
Target : 76.35€
Stop-loss : 71.6€
Potential : 3.46%
Pursuant to the correction that has taken place in recent weeks with respect to the shares in Sanofi, further downside risk now appears limited by close and important technical support levels at 72.57 EUR.
Investors have an opportunity to buy the stock and target the € 76.35.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 72.57 support.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.