Kerry Group plc : The upward trend should continue
Entry price | Target | Stop-loss | Potential |
---|
€109.5 |
€115 |
€106.7 |
+5.02% |
---|
Kerry Group plc shares have recently benefited from a buyers' comeback, which was accompanied by a rise in volumes and volatility. This situation suggests a continuation of the upward dynamic.
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 covering this company mostly recommend stock overweighting or purchase.
Weaknesses● With a 2020 P/E ratio at 32.76 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● Revenue estimates are regularly revised downwards for the current and coming years.
● For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
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