Interpump Group S.p.A. : Back on key levels based on weekly price data
Entry price | Target | Stop-loss | Potential |
---|
€24.56 |
€26.88 |
€23.8 |
+9.45% |
---|
Shares in Interpump Group SpA are currently testing the support level at 24.5 EUR on the weekly chart. Investors should regard the recent downward movement as an opportunity to go long the stock.
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● The share is getting closer to its long-term support in weekly data, at EUR 24.5, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 24.3 support.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● The company is not the most generous with respect to shareholders' compensation.
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