● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 58.4 support.
● The group usually releases upbeat results with huge surprise rates.
● The company is one of the best yield companies with high dividend expectations.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● Analysts covering the stock have recently lowered their earnings forecast.
● 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 69.51 EUR