Sopra Steria Group : Is the distribution phase coming to an end ?
Entry price | Target | Stop-loss | Potential |
---|
€116.6 |
€139 |
€110 |
+19.21% |
---|
There has been very little movement in Sopra Steria Group's share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good.
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.
Strengths● Historically, the company has been releasing figures that are above expectations.
● The stock, which is currently worth 2019 to 0.66 times its sales, is clearly overvalued in comparison with peers.
● Sales forecast by analysts have been recently revised upwards.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 95.65 EUR
Weaknesses● Analysts covering the stock have recently lowered their earnings forecast.
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Surperformance is Buy on SOPRA STERIA GROUP since 2024-02-09
.