Eiffage S.A. : Volatility should make a big comeback
Entry price | Target | Stop-loss | Potential |
---|
€81.16 |
€88 |
€77.6 |
+8.43% |
---|
From a horizontal accumulation phase, the timing seems good to buy shares in Eiffage and to get ahead of a break-out on the upside of the congestion area.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The company is in debt and has limited leeway for investment
● The underlying tendency is negative on the weekly chart below the resistance at 84.74 EUR
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