Havas : Close to new upside potential
| Entry price | Target | Stop-loss | Potential |
|---|
|
€0 |
€8.2 |
€7.49 |
+∞% |
|---|
Havas shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
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.
● The group's high margin levels account for strong profits.
● The company is in a robust financial situation considering its net cash and margin position.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Technically, the stock approaches a strong medium-term resistance at EUR 7.67.
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HAVAS 
