Carrefour : The technical configuration is positive
Entry price | Target | Stop-loss | Potential |
---|
€18.01 |
€20 |
€17.1 |
+11.05% |
---|
Shares in Carrefour do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
● According to Refinitiv, the company's ESG score for its industry is good.
Strengths● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.24 for the 2023 fiscal year.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
● The company has insufficient levels of profitability.
● The overall consensus opinion of analysts has deteriorated sharply over the past four months.
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