Carrefour : Volatility should make a big comeback
Entry price | Target | Stop-loss | Potential |
---|
€17.13 |
€24 |
€15.5 |
+40.11% |
---|
From a horizontal accumulation phase, the timing seems good to buy shares in Carrefour and to get ahead of a break-out on the upside of the congestion area.
Summary● 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.
Strengths● The stock, which is currently worth 2021 to 0.28 times its sales, is clearly overvalued in comparison with peers.
● The company has a low valuation given the cash flows generated by its activity.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Analysts covering this company mostly recommend stock overweighting or purchase.
Weaknesses● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low 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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