 |
Gallien Girardot |
Junior Analyst |
Strategy published on : 01/14/2020 | 09:19
long trade
Stop-loss triggered
Entry price : 601SEK
Target : 676SEK
Stop-loss : 566SEK
Potential : 12.48%
Nolato AB (publ) shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Investors have an opportunity to buy the stock and target the SEK 676.
Summary● 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● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The tendency within the weekly time frame is positive above the technical support level at 479 SEK
Weaknesses● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.