GTT (Gaztransport : The calm spell can be taken advantage of to put on new positions
Entry price | Target | Stop-loss | Potential |
---|
€69.5 |
€75.2 |
€66.2 |
+8.2% |
---|
From a horizontal accumulation phase, the timing seems good to buy shares in GTT - Gaztransport et Technigaz and to get ahead of a break-out on the upside of the congestion area.
Summary● For a short-term investment strategy, the company has poor fundamentals.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 64.7, which offers good timing for buyers.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● The company is one of the best yield companies with high dividend expectations.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● Based on current prices, the company has particularly high valuation levels.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
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