KION GROUP AG : Good timing to anticipate a continuation of the trend
Entry price | Target | Stop-loss | Potential |
---|
€56.17 |
€62 |
€53.5 |
+10.38% |
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The underlying tendency is to the upside for shares in Kion Group AG and the timing is attractive to go long the stock. Investors have an opportunity to buy this momentum stock at an attractive price with a short to medium term perspective.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● According to sales estimates from analysts polled by Thomson-Reuters, the company is among the best with regard to growth.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 57.9.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
● For the past year, analysts have significantly revised downwards their profit estimates.
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