Brenntag SE : Below a major resistance level
Entry price | Target | Stop-loss | Potential |
---|
€83.84 |
€78 |
€85 |
+6.97% |
---|
Brenntag SE shares can be expected to top out below the medium term resistance at 83.22 EUR. The timing appears attractive to take advantage of a correction below this level.
Summary● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Weaknesses● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● The company's earnings growth outlook lacks momentum and is a weakness.
● As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● Over the past twelve months, analysts' opinions have been revised negatively.
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