Sartorius AG : Close to a key resistance level
Entry price | Target | Stop-loss | Potential |
---|
€73.85 |
€77 |
€70.55 |
+4.27% |
---|
Sartorius AG (Preference) shares are closing in on important technical levels. The technical chart pattern suggests that the currently tested resistance will be broken and new upside potential arises while volatility is likely to increase. Investors could get ahead of this signal in order to benefit from a better risk/reward ratio.
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 company shows low valuation levels, with an enterprise value at 0.28 times its sales.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The stock is in a well-established, long-term rising trend above the technical support level at 57.28 EUR
Weaknesses● The stock is close to a major daily resistance at EUR 73.23, which should be gotten rid of so as to gain new appreciation potential.
● The company's earnings releases usually do not meet expectations.
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