AB Volvo : Investors could aim for a turn-around of the trend
BUY
Conditionne
Stop-loss triggered
Entry price | Target | Stop-loss | Potential |
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SEK 205 |
SEK 230 |
SEK 193 |
+12.2% |
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The technical chart pattern of AB Volvo shares shows signs of a reversal that argue in favor of a return to a positive outlook over the medium term.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company has a good ESG score relative to its sector, according to Refinitiv.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● The company is one of the best yield companies with high dividend expectations.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● Revenue estimates are regularly revised downwards for the current and coming years.
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