RTL Group S.A. : Close to a key level on the weekly chart
Entry price | Target | Stop-loss | Potential |
---|
€65.5 |
€69.61 |
€65 |
+6.27% |
---|
RTL Group shares have returned to important technical levels around 65.54 EUR based on weekly price data. The timing seems attractive to be a buyer of this stock.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 65.54, which offers good timing for buyers.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 13.56 for the current year.
● This company will be of major interest to investors in search of a high dividend stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 74.1 EUR
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