After accumulation, acceleration. Timing appears favorable to go long in shares of Metso and to anticipate an exit of the trading range on the upside. Investors have an opportunity to buy the stock and target the € 38.46.
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.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 31.29 EUR
The company's earnings releases usually do not meet expectations.
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