Elior Group : Hesitation should subside in favor of volatility
BUY
Conditionne
Stop-loss triggered
Entry price | Target | Stop-loss | Potential |
---|
€23.2 |
€26 |
€21.95 |
+12.07% |
---|
The price of Elior shares is range-bound. This phase will end sooner or later when volatility comes back.
Summary● In a short-term perspective, the company has interesting fundamentals.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 21.89 EUR in weekly data.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 21.89 EUR
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