Maire S.p.A. : The revival in interest should continue
Entry price | Target | Stop-loss | Potential |
---|
€2.41 |
€3.17 |
€2.18 |
+31.54% |
---|
Market participant are once again showing interest in shares in Maire Tecnimont SpA. The technical chart pattern now appears positive for the short term with new upside potential.
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● The stock, which is currently worth 2016 to 0.34 times its sales, is clearly overvalued in comparison with peers.
● Its low valuation, with P/E ratio at 10.2 and 8.35 for the ongoing fiscal year and 2017 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
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Surperformance is Buy on MAIRE S.P.A. since 2024-05-30
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