HORNBACH Holding AG & Co. KGaA : The trend should regain control
Entry price | Target | Stop-loss | Potential |
---|
€65.1 |
€70 |
€63 |
+7.53% |
---|
Shares in HORNBACH Holding AG & Co. KGaA show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The stock, which is currently worth 2017 to 0.37 times its sales, is clearly overvalued in comparison with peers.
● With a P/E ratio at 12.82 for the current year and 11.73 for next year, earnings multiples are highly attractive compared with competitors.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 57 EUR
Weaknesses● The stock is close to a major daily resistance at EUR 67.9, which should be gotten rid of so as to gain new appreciation potential.
● The company's earnings releases usually do not meet expectations.
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