MLP SE : Close to new upside potential
Entry price | Target | Stop-loss | Potential |
---|
€5.7 |
€6.2 |
€5.19 |
+8.77% |
---|
MLP SE shares are trading close to a resistance zone which currently limits any upside potential. We expect that this level will be broken due to the stock's technical chart pattern.
Strengths● Thanks to a sound financial situation, the firm has significant leeway for investment.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.34 for the 2020 fiscal year.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● 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.
Weaknesses● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● Technically, the stock approaches a strong medium-term resistance at EUR 5.76.
● 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.
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