Bertrandt AG : Still bullish and towards new highs
Entry price | Target | Stop-loss | Potential |
---|
€90 |
€0 |
€85.96 |
-100% |
---|
Bertrandt shows a strong performance for several trading sessions.
From a fundamental viewpoint, the group is in a good financial situation. Sales are expected to be on a rising by + 12.3% for 2013, with a net margin of EUR 59 million. Analysts widely revised upward in recent times their earnings per share estimates, which is a reliable indicator reflecting the company is healthy.
From a technical viewpoint, prices are well oriented in a upward trend on different time scales. 20-day moving average should allow prices to rapidly reach the bullish trend line around EUR 94.
Taking into account all these elements, investors could buy the stock at the current price and target EUR 94. A stop loss will be fixed below the EUR 86 pivot point, threshold that would invalidate the strategy.
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.