|Contributor / Partner
Strategy published on : 01/14/2021 | 04:27
Entry price : 14450KRW
Target : 16450KRW
Stop-loss : 13450KRW
Potential : 13.84%
Shares in Meritz Fire & Marine Insurance Co., Ltd. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the KRW 16450.
● 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.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The tendency within the weekly time frame is positive above the technical support level at 12750 KRW
● The company does not generate enough profits, which is an alarming weak point.