Eurofins Scientific SE : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
€675.4 |
€728.2 |
€640.7 |
+7.82% |
---|
The underlying tendency is to the upside for shares in Eurofins Scientific SE and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Strengths● Historically, the company has been releasing figures that are above expectations.
● The stock is in a well-established, long-term rising trend above the technical support level at 536 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 699.4.
● The company is in debt and has limited leeway for investment
● The firm trades with high earnings multiples: 40.51 times its 2020 earnings per share.
● The company is not the most generous with respect to shareholders' compensation.
● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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