Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has poor fundamentals for a short-term investment strategy.


Strengths

● The share is getting closer to its long-term support in weekly data, at NOK 90.25, which offers good timing for buyers.

● Graphically speaking, the timing seems perfect for purchasing the stock close to the NOK 89 support.

● The group usually releases upbeat results with huge surprise rates.

● The company is one of the best yield companies with high dividend expectations.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.


Weaknesses

● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

● For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

● For the past year, analysts have significantly revised downwards their profit estimates.

● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 112.3 NOK