The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Ipsen accounts for 5.73 % of our European Portfolio. A trade is currently open since 10/10/2019 with a purchase price of € 69.46. Discover the other 19 stocks of the European portfolio managed by the MarketScreener portfolio management team.
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 EUR 40.16 EUR in weekly data.
The group's high margin levels account for strong profits.
With a P/E ratio at 8.44 for the current year and 7.81 for next year, earnings multiples are highly attractive compared with competitors.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The underlying tendency is negative on the weekly chart below the resistance at 68.45 EUR