Comet Holding AG : Technically solid
Entry price | Target | Stop-loss | Potential |
---|
CHF 137.7 |
CHF 160 |
CHF 115 |
+16.19% |
---|
Shares in Comet Holding AG 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 listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● The group usually releases upbeat results with huge surprise rates.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 106.3 CHF
Weaknesses● Technically, the stock approaches a strong medium-term resistance at CHF 139.5.
● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 33.73 times its estimated earnings per share for the ongoing year.
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