Scout24 SE : A good timing to anticipate a change in the trend
Entry price | Target | Stop-loss | Potential |
---|
€34.1 |
€41.6 |
€33 |
+21.99% |
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The timing from a technical point of view appears attractive to go long in shares of Scout24 AG and to anticipate a trend reversal.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 34.05 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● The company is in debt and has limited leeway for investment
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● Based on current prices, the company has particularly high valuation levels.
● With a 2018 P/E ratio at 25.39 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
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