Ferrari N.V. : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
$48.41 |
$52.45 |
$45.5 |
+8.35% |
---|
Ferrari NV's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at USD 52.43.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● For the past seven days, analysts have been lowering their EPS expectations for the company.
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