● The share is getting closer to its long-term support in weekly data, at EUR 53.32, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 56.42 support.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● The company is in debt and has limited leeway for investment
● For the last few months, analysts have been revising downwards their earnings forecast.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 69.05 EUR