OSRAM Licht AG : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
€58.99 |
€64 |
€56.5 |
+8.49% |
---|
Shares in Osram Licht AG show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 50.21 EUR
Weaknesses● The stock is close to a major daily resistance at EUR 59.11, which should be gotten rid of so as to gain new appreciation potential.
● The company's earnings releases usually do not meet expectations.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
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