The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in NV Bekaert SA. The upward movement can be expected to continue. Investors have an opportunity to buy the stock and target the € 21.
The company has solid fundamentals for a short-term investment strategy.
The company shows low valuation levels, with an enterprise value at 0.51 times its sales.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
Revenue estimates are regularly revised downwards for the current and coming years.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
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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