Cancom SE : The technical configuration is positive
| Entry price | Target | Stop-loss | Potential |
|---|
|
€43.31 |
€54 |
€42 |
+24.68% |
|---|
Shares in Cancom SE do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The company shows low valuation levels, with an enterprise value at 0.61 times its sales.
● Sales forecast by analysts have been recently revised upwards.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The security evolves within a considerable oversold situation as shown by technical patterns.
● The stock is in a well-established, long-term rising trend above the technical support level at 38.46 EUR
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
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CANCOM SE 
