Air France-KLM : The underlying trend is to the upside
Published april 16, 2019 at 02:50 am edt
By
| Entry price | Target | Stop-loss | Potential |
|---|
|
€10.86 |
€12 |
€10.4 |
+10.5% |
|---|
Air France-KLM shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● The group usually releases upbeat results with huge surprise rates.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.41 for the 2019 fiscal year.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● The stock is in a well-established, long-term rising trend above the technical support level at 9.05 EUR
● Stock prices approach a strong long-term resistance in weekly data at EUR 11.7.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
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