L'Oréal shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside. Investors have an opportunity to buy the stock and target the € 213.6.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The stock is in a well-established, long-term rising trend above the technical support level at 191 EUR
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The company's enterprise value to sales, at 4.13 times its current sales, is high.
With an expected P/E ratio at 28.93 and 27.03 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
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