Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● 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 97.5 EUR in weekly data.

● 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.

● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.


Weaknesses

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

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● Below the resistance at 116.95 EUR, the stock shows a negative configuration when looking looking at the weekly chart.