Bertrandt AG : An important support as argument
Entry price | Target | Stop-loss | Potential |
---|
€83.65 |
€0 |
€79.4 |
-100% |
---|
Bertrandt could regain its upward trend after having run out of steam.
According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. Based on current prices, the company is valued at 1.02 times its sales. In addition, analysts have recently revised upward their earnings estimates and now expect a profit of 5.81 EUR per share for the current year.
Graphically, buyer flows are reduced. If the trend is now bearish in the short term, profit taking is part of a rebound on the EUR 82.7 and therefore does not affect the upward trend in the medium and long term.
The decline observed in the short term offers an interesting entry point for a mid-term investment. Investors will take advantage of the current area to buy Bertrandt. The objectives will be set at EUR 96.6. The stop loss will be triggered below the EUR 80.
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