Leroy Seafood : Expectation of a turn-around
Entry price | Target | Stop-loss | Potential |
---|
NOK 57.38 |
NOK 69.4 |
NOK 51.3 |
+20.95% |
---|
The timing from a technical point of view appears attractive to go long in shares of Lerøy Seafood Group ASA and to anticipate a trend reversal.
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● This company will be of major interest to investors in search of a high dividend stock.
● 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.
Weaknesses● Revenue estimates are regularly revised downwards for the current and coming years.
● For the past year, analysts have significantly revised downwards their profit estimates.
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