Schneider Electric SE : Attractive timing to go long again
Entry price | Target | Stop-loss | Potential |
---|
€157.16 |
€166 |
€151 |
+5.62% |
---|
After having been stuck in a trading range, shares in Schneider Electric SE are returning to the lower bound of the range phase. This appears to be a good opportunity for opening new positions.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
● The company has a good ESG score relative to its sector, according to Refinitiv.
Strengths● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● In relation to the value of its tangible assets, the company's valuation appears relatively high.
● The average consensus view of analysts covering the stock has deteriorated over the past four months.
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Surperformance is Buy on SCHNEIDER ELECTRIC SE since 2023-03-01
.