Worldline : Helped by a technical support level
Entry price | Target | Stop-loss | Potential |
---|
€24.03 |
€25.68 |
€22.8 |
+6.89% |
---|
The technical support around 23.91 EUR emanating from daily closing prices could trigger a technical rebound for Worldline shares.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 23.87, which offers good timing for buyers.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The company returns high margins, thereby supporting business profitability.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 23.87 EUR
Weaknesses● The group usually releases earnings worse than estimated.
● The company is not the most generous with respect to shareholders' compensation.
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