Ingenico Group : Exit from the accumulation phase on the downside
| Entry price | Target | Stop-loss | Potential |
|---|
|
€0 |
€59 |
€76.05 |
-∞% |
|---|
Stocks in Ingenico Group can be expected to start a move to the downside and to pull out of the accumulation zone on the low end.
Summary● The company has solid fundamentals for a short-term investment strategy.
● The company returns high margins, thereby supporting business profitability.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● For the past year, analysts have significantly revised downwards their profit estimates.
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INGENICO GROUP 
