The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
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 USD 29.63 USD in weekly data.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The company returns high margins, thereby supporting business profitability.
Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 29.63 USD
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.