Senior’s share price was heavily penalized and is now in an oversold situation near to a solid support area.

However, analysts have revised slightly downward their earnings forecasts.
With an EPS estimated at GBp 0.15 for this year and GBp 0.17 for the next year, Senior is currently paid 12.14 and 10.94 times the results.

Currently, Senior is oversold near to GBp 177. This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the GBp 212.4 level.

So as to make the most of a potential technical rebound of Senior, it seems opportune to take a long position at the current price. A confirmation of this pattern would enable the security to reach the GBp 212.4 resistance, with a potential gain of 13%. Investors should not insist under GBp 185.9 and are better to place a stop loss order under this threshold.