The producer and sellers of bakery supplies and food ingredients’ share is close to an important support. Strong fundamentals should back a regain.

The firm enjoys a very good Surperformance© rating that underline, among other things, the positives EPS and revenue revisions. Sales and EBITDA should display two digits growth in 2015. Moreover, the security still has an upward potential of 7% to reach the consensus average target price.

Technically, after many months of an unstopped rise, the share tested the EUR 21.1 resistance. Now the stock is evolving on its 50-days MA, near a significant short term support at EUR 18.8. This relevant zone could be a stepping stone for a forthcoming surge toward the daily resistance.
Consequently, investors may buy the stock at current prices and target the EUR 21.15 area. A stop loss order will be set at EUR 18.3.