● The share is getting closer to its long-term support in weekly data, at EUR 97.69, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 96.96 support.
● This company will be of major interest to investors in search of a high dividend stock.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
● Below the resistance at 110.34 EUR, the stock shows a negative configuration when looking looking at the weekly chart.