RÉMY COINTREAU

RCO
Real-time Estimate Quote. Real-time Estimate  - 10/27 03:23:58 am
152.75EUR +0.49%

Rémy Cointreau : No turn-around in sight

Nathan Houtch
Junior Analyst

Strategy published on : 09/24/2020 | 04:12

long trade
Live

Entry price : 151.3€
Target : 166.1€
Stop-loss : 143.8€
Potential : 9.78%

Shares in Rémy Cointreau show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the € 166.1.

Strengths

● The company returns high margins, thereby supporting business profitability.

● The tendency within the weekly time frame is positive above the technical support level at 115.2 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 currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.

● Based on current prices, the company has particularly high valuation levels.

● With an expected P/E ratio at 67.62 and 50.45 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

● Most analysts recommend that the stock should be sold or reduced.

● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

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