Ahold Delhaize N.V. : An opportunity over the medium term?
Entry price | Target | Stop-loss | Potential |
---|
€22.43 |
€24.15 |
€21.5 |
+7.67% |
---|
Ahold Delhaize N.V. shares reflect an interesting technical chart pattern from a medium term view In fact, the support at 21.93 EUR represents an important technical support area based on weekly price data that could limit downward movements by the stock.
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 current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 21.93 EUR in weekly data.
● Historically, the company has been releasing figures that are above expectations.
● The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.53 for the 2019 fiscal year.
● The stock is in a well-established, long-term rising trend above the technical support level at 21.93 EUR
Weaknesses● The company does not generate enough profits, which is an alarming weak point.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.