La Française des Jeux : Comeback of a rising trend?
Entry price | Target | Stop-loss | Potential |
---|
€36.1 |
€41 |
€33 |
+13.57% |
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The technical chart pattern of La Française des Jeux shares shows signs of a medium term reversal, which speaks in favor of opening new long positions.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths● Thanks to a sound financial situation, the firm has significant leeway for investment.
● The opinion of analysts covering the stock has improved over the past four months.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● The firm trades with high earnings multiples: 21.71 times its 2022 earnings per share.
● In relation to the value of its tangible assets, the company's valuation appears relatively high.
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