From a horizontal accumulation phase, the timing seems good to buy shares in Kering SA and to get ahead of a break-out on the upside of the congestion area. Investors have an opportunity to buy the stock and target the € 610.
The group's high margin levels account for strong profits.
The group usually releases upbeat results with huge surprise rates.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 495.5 EUR
The company's enterprise value to sales, at 5.66 times its current sales, is high.
The firm trades with high earnings multiples: 38.46 times its 2020 earnings per share.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
ę MarketScreener.com 2021
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