Shares in Deutsche Wohnen SE show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed. Investors have an opportunity to buy the stock and target the € 49.
The group's activity appears highly profitable thanks to its outperforming net margins.
The group usually releases upbeat results with huge surprise rates.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
The stock is in a well-established, long-term rising trend above the technical support level at 36.97 EUR
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
One of the major weak points of the company is its financial situation.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's "enterprise value to sales" ratio is among the highest in the world.
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