Bic : Close to an important medium term support level
Entry price | Target | Stop-loss | Potential |
---|
€0 |
€64 |
€54 |
+∞% |
---|
Pursuant to the correction that has taken place in recent weeks with respect to the shares in Bic, further downside risk now appears limited by close and important technical support levels at 56.9 EUR.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company presents an interesting fundamental situation from a short-term investment perspective.
● The company has a good ESG score relative to its sector, according to Refinitiv.
Strengths● The company is in a robust financial situation considering its net cash and margin position.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● Consensus analysts have strongly revised their opinion of the company over the past 12 months.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Weaknesses● The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
● The company's earnings releases usually do not meet expectations.
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