Alten : Technically solid
| Entry price | Target | Stop-loss | Potential |
|---|
|
€97.7 |
€106 |
€92 |
+8.5% |
|---|
The underlying tendency is to the upside for shares in Alten and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
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.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● Sales forecast by analysts have been recently revised upwards.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 90.85 EUR
● The company is not the most generous with respect to shareholders' compensation.
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ALTEN 
