Krones AG : The underlying trend is to the upside
Entry price | Target | Stop-loss | Potential |
---|
€122.4 |
€135 |
€115 |
+10.29% |
---|
The underlying tendency is to the upside for shares in Krones AG and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths● The stock, which is currently worth 2024 to 0.65 times its sales, is clearly overvalued in comparison with peers.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Consensus analysts have strongly revised their opinion of the company over the past 12 months.
● The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
Weaknesses● The average consensus view of analysts covering the stock has deteriorated over the past four months.
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