RTL Group S.A. : An opportunity over the medium term?
| Entry price | Target | Stop-loss | Potential |
|---|
|
€43.86 |
€48 |
€41.6 |
+9.44% |
|---|
The decline over the past weeks has brought the price of RTL Group shares back to an important technical support level at 41.76 EUR. This represents an opportunity to take advantage of these prices levels.
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.
● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 41.76 EUR in weekly data.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 40.86 support.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Its low valuation, with P/E ratio at 9.58 and 9.58 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.
● This company will be of major interest to investors in search of a high dividend stock.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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