TF1

TFI
Real-time Euronext Paris - 12/06 05:35:28 pm
7.905EUR
+3.81%

TF1 : Underpinned by a support level

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Laurent Polsinelli
Index and derivatives Analyst

Strategy published on : 12/02/2019 | 03:16

long trade
Stop-loss triggered

Entry price : 7.425€
Target : 8.2€
Stop-loss : 7.05€
Potential : 10.44%

The medium term support area around 7.16 EUR should allow TF1 shares to re-establish an upward trend in the short term.
Investors have an opportunity to buy the stock and target the € 8.2.

Summary

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

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● The share is getting closer to its long-term support in weekly data, at EUR 6.4, which offers good timing for buyers.

● Share prices are approaching a strong support area in daily data, which offers good timing for investors.

● The company is in a robust financial situation considering its net cash and margin position.

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

● The stock, which is currently worth 2019 to 0.63 times its sales, is clearly overvalued in comparison with peers.

● 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.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.


Weaknesses

● According to forecast, a sluggish sales growth is expected for the next fiscal years.

Zonebourse.com 2019
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