● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.33 for the 2018 fiscal year.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 68.61 EUR
Weaknesses
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● The stock is close to a major daily resistance at EUR 86.12, which should be gotten rid of so as to gain new appreciation potential.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● The group usually releases earnings worse than estimated.
● For the last few months, analysts have been revising downwards their earnings forecast.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.