● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths
● The group usually releases upbeat results with huge surprise rates.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 52.3 EUR
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at EUR 64.48.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● Analysts covering the stock have recently lowered their earnings forecast.