Husqvarna AB : A good level to buy
Entry price | Target | Stop-loss | Potential |
---|
SEK 74.38 |
SEK 79.06 |
SEK 72.76 |
+6.29% |
---|
The recent downturn has taken Husqvarna shares close to a medium term support level. The timing for a long trade in the stock appears good.
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.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● 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.
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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