Michael Page International shows relatively strong fundamentals and is coming back to attractive prices.

From a fundamental viewpoint, the company seems undervalued relatively to its peers with a EV/Sales of 1.06. However, analysts have revised slightly downward their earnings forecasts.
With an EPS estimated at 23.77 GBp for this year and 28.7 GBp for the next year, Michael Page International is currently paid 16.36 and 13.55 times the results.

The security follows a downward trend in the short term, under the GBp 406.4 resistance area.
In the mid-term, the trend is neutral with a recent technical rebound on the GBp 385.5, that should help to reach the two next levels at GBp 406 and GBp 425.

In definitive, the trading strategy can benefit from the proximity of the strong support currently tested in order to buy Michael Page International with a good timing. The potential gain is 4% for the first target and then 8%. Investors might place a stop loss order at GBp 383.8 in order to avoid important losses.