The movement to the downside is still in force and should gain in strength over the next trading sessions based on our expectations. Investors should open a short trade and target the € 31.51.
The share is getting closer to its long-term support in weekly data, at EUR 31.91, which offers good timing for buyers.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.78 for the 2018 fiscal year.
This company will be of major interest to investors in search of a high dividend stock.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The company's earnings releases usually do not meet expectations.
For the last few months, analysts have been revising downwards their earnings forecast.
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