INDUS Holding AG : Back towards the lower end of the range
Entry price | Target | Stop-loss | Potential |
---|
€60.44 |
€63.6 |
€58.9 |
+5.23% |
---|
The fact that share price is returning to the lower bounds of the trading range offers a good timing to enter into new long positions in Indus Holding AG.
Strengths● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● 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.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 57.82 EUR
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