Meritz Fire & Marine Insurance Co., Ltd. : Good timing to anticipate a continuation of the trend
Entry price | Target | Stop-loss | Potential |
---|
₩14,450 |
₩16,450 |
₩13,450 |
+13.84% |
---|
Shares in Meritz Fire & Marine Insurance Co., Ltd. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Strengths● 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.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The tendency within the weekly time frame is positive above the technical support level at 12750 KRW
Weaknesses● The company does not generate enough profits, which is an alarming weak point.
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