Reply S.p.A. : Try to rebound
Entry price | Target | Stop-loss | Potential |
---|
€53.25 |
€60 |
€49.95 |
+12.68% |
---|
The Reply SpA share has just dropped sharply. We can bet on a continuation of the technical rebound
Summary● In a short-term perspective, the company has interesting fundamentals.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 52.45, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● 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.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● The stock is in a well-established, long-term rising trend above the technical support level at 52.45 EUR
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