Beiersdorf : Underpinned by a support level
Entry price | Target | Stop-loss | Potential |
---|
€91.34 |
€100 |
€86.9 |
+9.48% |
---|
Pursuant to the correction that has taken place in recent weeks with respect to the shares in Beiersdorf, further downside risk now appears limited by close and important technical support levels at 89.62 EUR.
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 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 86.68 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● The group's high margin levels account for strong profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● The company benefits from high valuations in earnings multiples.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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