Johnson & Johnson : An end to the technical rebound lies ahead
Entry price | Target | Stop-loss | Potential |
---|
US$136.94 |
US$130.2 |
US$140 |
+4.92% |
---|
The end of the technical rebound appears close for stocks in Johnson & Johnson following the recovery of the past few days.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● The company is in a robust financial situation considering its net cash and margin position.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● The group usually releases earnings worse than estimated.
● With an enterprise value anticipated at 4.48 times the sales for the current fiscal year, the company turns out to be overvalued.
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