The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at GBp 132.21 GBp in weekly data.
The close medium term support offers good timing for purchasing the stock.
The company returns high margins, thereby supporting business profitability.
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.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
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.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 160.08 GBp