Blackstone Inc. : The beginning of the move
Entry price | Target | Stop-loss | Potential |
---|
$75.88 |
$88.13 |
$63.1 |
+16.14% |
---|
A strong break-out to the upside has recently been seen in The Blackstone Group Inc.. The current technical chart pattern could allow for a continuation of the upward dynamic.
Strengths● Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 51% by 2023.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● The group usually releases upbeat results with huge surprise rates.
● This company will be of major interest to investors in search of a high dividend stock.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 62.9 USD
Weaknesses● The company's "enterprise value to sales" ratio is among the highest in the world.
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