Mercedes-Benz Group AG : The beginning of the move
Entry price | Target | Stop-loss | Potential |
---|
€71.14 |
€74.2 |
€68.7 |
+4.3% |
---|
The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in Daimler. The upward movement can be expected to continue.
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 company is in a robust financial situation considering its net cash and margin position.
● The company shows low valuation levels, with an enterprise value at 0.36 times its sales.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● This company will be of major interest to investors in search of a high dividend stock.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 72.04.
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
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