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 BRL 6.23 BRL in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the BRL 6.19 support.
The stock, which is currently worth 2020 to 1.6 times its sales, is clearly overvalued in comparison with peers.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Low profitability weakens the company.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's earnings releases usually do not meet expectations.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 11.38 BRL