Bureau Veritas SA : A good level to buy
Entry price | Target | Stop-loss | Potential |
---|
€25.21 |
€26.8 |
€24.63 |
+6.31% |
---|
The recent downturn has taken Bureau Veritas SA shares close to a medium term support level around 23.41 EUR. The timing for a long trade in the stock appears good.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Weaknesses● The firm trades with high earnings multiples: 26.46 times its 2022 earnings per share.
● In relation to the value of its tangible assets, the company's valuation appears relatively high.
● The average consensus view of analysts covering the stock has deteriorated over the past four months.
● Over the past twelve months, analysts' opinions have been revised negatively.
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