● The share is getting closer to its long-term support in weekly data, at EUR 43.24, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 43.18 support.
● As regards fundamentals, the enterprise value to sales ratio is at 0.75 for the current period. Therefore, the company is undervalued.
● With a P/E ratio at 10.16 for the current year and 8.56 for next year, earnings multiples are highly attractive compared with competitors.
● The company is one of the best yield companies with high dividend expectations.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The company's earnings releases usually do not meet expectations.
● Analysts covering the stock have recently lowered their earnings forecast.
● For the last few months, analysts have been revising downwards their earnings forecast.
● For the past year, analysts have significantly revised downwards their profit estimates.