The timing appears opportune to go long in shares of CIE Automotive, S.A. as we anticipate another pick-up in the underlying trend. Investors have an opportunity to buy the stock and target the € 25.9.
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 equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
The stock is in a well-established, long-term rising trend above the technical support level at 17.82 EUR
Stock prices approach a strong long-term resistance in weekly data at EUR 23.58.
The company is in debt and has limited leeway for investment
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
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