Cancom SE : The calm spell can be taken advantage of to put on new positions
| Entry price | Target | Stop-loss | Potential |
|---|
|
€46.33 |
€51 |
€44.62 |
+10.08% |
|---|
Cancom SE shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
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.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The company shows low valuation levels, with an enterprise value at 0.66 times its sales.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The stock is close to a major daily resistance at EUR 47.54, which should be gotten rid of so as to gain new appreciation potential.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
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CANCOM SE 
