Munich Re : Below the upper bound
Entry price | Target | Stop-loss | Potential |
---|
€195.5 |
€186 |
€198.5 |
+4.86% |
---|
Close to the upper bound of the consolidation zone, investors will need to be careful and anticipate selling pressure for stocks in Muenchener Rueckversicherung.
Summary● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
● The company has poor fundamentals for a short-term investment strategy.
Strengths● The company is one of the best yield companies with high dividend expectations.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● The tendency within the weekly time frame is positive above the technical support level at 186.9 EUR
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● Analysts covering the stock have recently lowered their earnings forecast.
● For the last few months, analysts have been revising downwards their earnings forecast.
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