● The share is getting closer to its long-term support in weekly data, at EUR 66.5, which offers good timing for buyers.
● The group's high margin levels account for strong profits.
● With a P/E ratio at 12.63 for the current year and 11.26 for next year, earnings multiples are highly attractive compared with competitors.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The group usually releases earnings worse than estimated.
● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
● The underlying tendency is negative on the weekly chart below the resistance at 78 EUR