NN Group N.V. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term. Investors have an opportunity to buy the stock and target the € 45.5.
In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
Its low valuation, with P/E ratio at 10.24 and 8.29 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the best yield companies with high dividend expectations.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The stock is in a well-established, long-term rising trend above the technical support level at 29.94 EUR
Stock prices approach a strong long-term resistance in weekly data at EUR 39.57.
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.
ę MarketScreener.com 2021
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