Strategy published on : 11/20/2020 | 10:31
Entry price : 96.45$
Target : 106$
Stop-loss : 91$
Potential : 9.9%
Crown Holdings, Inc.'s shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 106.
● The company has solid fundamentals for a short-term investment strategy.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 66.01 USD
● The company is in debt and has limited leeway for investment
● The group usually releases earnings worse than estimated.