● The close medium term support offers good timing for purchasing the stock.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Weaknesses
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The company is not the most generous with respect to shareholders' compensation.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● Analysts covering the stock have recently lowered their earnings forecast.
● For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
● For the past year, analysts have significantly revised downwards their profit estimates.
● Below the resistance at 83.65 EUR, the stock shows a negative configuration when looking looking at the weekly chart.